Progressive Announces Quarterly Common Share Dividend and Appointment of Calculation Agent for Preferred Shares
March 06 2023 - 04:32PM
GlobeNewswire Inc.
On March 3, 2023, the Board of Directors of The Progressive
Corporation (NYSE:PGR) declared a $0.10 per common share dividend,
payable April 14, 2023, to shareholders of record at the close of
business on April 6, 2023 (ex-dividend date of April 5, 2023).
In addition, on March 3, 2023, The Progressive Corporation
appointed itself as calculation agent for its Series B
Fixed-to-Floating Rate Cumulative Perpetual Serial Preferred
Shares. The floating rate period for the Series B
shares begins on March 15, 2023.
About ProgressiveProgressive
Insurance® makes it easy to understand, buy and use car
insurance, home insurance, and other protection
needs. Progressive offers choices so consumers
can reach us however it's most convenient for them — online at
progressive.com, by phone at 1-800-PROGRESSIVE, via the
Progressive mobile app, or in-person with a local agent.
Progressive provides insurance for personal and commercial
autos and trucks, motorcycles, boats, recreational vehicles, and
homes; it is the third largest auto insurer in the country, a
leading seller of motorcycle and commercial auto
insurance, and one of the top 15 homeowners insurance
carriers.
Founded in 1937, Progressive continues its long history of
offering shopping tools and services that save customers time and
money, like Name Your Price®, Snapshot®, and HomeQuote
Explorer®.
The Common Shares of The Progressive Corporation, the Mayfield
Village, Ohio-based holding company, trade publicly at NYSE:
PGR.Company Contact:Douglas S. Constantine(440)
395-3707investor_relations@progressive.com The Progressive
Corporation6300 Wilson Mills RoadMayfield Village, Ohio
44143http://www.progressive.com
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