The Progressive Corporation (PGR) Dividend
The Progressive Corporation (PGR) currently pays a dividend yield of 6.53%, distributing $13.90 per share annually ($0.10 per quarter). The company operates in the Financial Services sector.
PGR has raised its dividend for 2 consecutive years.
PGR dividend at a glance
| Dividend Yield | 6.53% |
|---|---|
| Annual Dividend | $13.90 per share |
| Per Payment | $0.10 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | October 2, 2026 |
| Next Payment Date | October 23, 2026 |
| Payout Ratio | 70% |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $212.86 |
What PGR pays on a $10,000 investment
At a 6.53% yield, $10,000 invested in PGR generates about $653.00 per year, or roughly $163.25 every quarter. Share counts below use an implied price of $212.86, derived from the $13.90 annual dividend and the 6.53% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 4.7 | $65.30 | $16.33 |
| $5,000 | 23.5 | $326.50 | $81.63 |
| $10,000 | 47 | $653.00 | $163.25 |
| $25,000 | 117.4 | $1,632.50 | $408.13 |
| $100,000 | 469.8 | $6,530.00 | $1,632.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
PGR dividend payment schedule
PGR pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is October 2, 2026, with payment on October 23, 2026. Later rows are projected forward at the same interval and will shift when The Progressive Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| October 2, 2026 | October 23, 2026 | $0.10 | Confirmed |
| January 2, 2027 | January 23, 2027 | $0.10 | Projected |
| April 2, 2027 | April 23, 2027 | $0.10 | Projected |
| July 2, 2027 | July 23, 2027 | $0.10 | Projected |
To collect a PGR dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How PGR's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. PGR's 6.53% is 2.78 percentage points above that median, ranking 209th of 584 by yield.
Within Financial Services, where we track 102 names, the median yield is 9.22% — putting PGR below its sector.
Its 2-year run of dividend increases ranks 289th out of the 354 names in our data with an active growth streak.
What the numbers mean
PGR pays out roughly 70% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
Like most US dividend payers, PGR distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
PGR dividend FAQ
When is the next PGR ex-dividend date?
The next PGR ex-dividend date is October 2, 2026, with the payment scheduled for October 23, 2026. You must own shares before the ex-dividend date to receive that payment.
What is PGR's dividend yield?
PGR currently yields 6.53%, based on $13.90 in dividends per share over the past year.
How often does PGR pay dividends?
PGR pays quarterly, which works out to 4 payments per year of about $0.10 per share.
How much dividend income would $10,000 of PGR generate?
At the current 6.53% yield, $10,000 invested in PGR would produce roughly $653.00 per year, or about $163.25 per quarter, before taxes and assuming the dividend holds.
Has PGR increased its dividend?
Yes — PGR has raised its dividend for 2 consecutive years.
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Track PGR dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.