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PGR Dividend Calculator

The Progressive Corporation yields 0.19%, below the 2.87% median across US dividend payers. The income from PGR is a smaller part of the story than it would be on a high-yield holding, and the figures below deliberately capture only that part.

PGR paid $0.40 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.

Your investment

PGR

The Progressive Corporation

0.19%

yield

$210.96 per shareQuarterlyStock
$
10 years
11530

Dividend income

$10,000 in PGR pays you

$18.96

per year

Paid each quarter
$4.74
Monthly average
$1.58
Shares bought
47.4
Payments a year
4

Total over 10 years, taken as cash

$189.61

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Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.

PGR dividend income by investment amount

Based on the current yield of 0.19%. Figures are before tax and assume the dividend stays at its present level.

Dividend income from PGR at a range of investment amounts.
InvestedPer yearPer paymentMonthly average
$1,000$1.90$0.47$0.16
$5,000$9.48$2.37$0.79
$10,000$18.96$4.74$1.58
$25,000$47.40$11.85$3.95
$50,000$94.80$23.70$7.90
$100,000$189.61$47.40$15.80

PGR with dividends reinvested

$10,000 in PGR, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.

After 10 years
$10,191

$10,190 taking the income as cash

After 20 years
$10,386

$10,379 taking the income as cash

After 30 years
$10,585

$10,569 taking the income as cash

Model PGR with dividend growth →

What makes up PGR's 0.19% yield

PGR paid $0.40 per share over the last twelve months against a share price of $210.96, which is where the 0.19% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.

A below-median yield is not the same as a weak dividend. It commonly means earnings are being retained and reinvested, or that the share price has risen faster than the payment — in the second case the holder's income did not fall, the yield did. Income is one component of the return on PGR and the smaller one; the figures below are not a total-return estimate.

Bank and insurer dividends are constrained by capital requirements as well as by earnings — a regulator can restrict distributions in a stress scenario regardless of what the business earned. Payments here have historically moved sharply in both directions around credit cycles.

When PGR pays, and what that changes

PGR pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.

Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. PGR's full schedule and payment history are on its dividend page.

Is PGR's dividend covered by earnings?

PGR's payout ratio of 0.70 means about 70% of earnings are committed to the dividend. That is within earnings but a narrower margin than the sub-0.60 range generally considered comfortable, so a weaker year absorbs more of the cover.

Demand in this kind of business holds up across a cycle, so the earnings behind the ratio move less than the market's average and the figure is reasonably representative rather than a snapshot of a good year.

The figures hold the dividend flat. No multi-year record of consecutive increases is on file for PGR, so treat the projection as arithmetic on today's payment rather than as an expectation about future ones.

PGR dividend calculator FAQ

How much does $10,000 in PGR pay in dividends?
At PGR's current yield of 0.19%, $10,000 pays about $18.96 a year — roughly $4.74 per payment, paid quarterly, or $1.58 a month averaged out.
What would PGR be worth after 10 years with dividends reinvested?
Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in PGR would grow to about $10,191 after 10 years, against $10,190 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
How often does PGR pay dividends?
PGR pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
Is PGR's dividend guaranteed?
No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check PGR's full payment history before relying on any of it.

More on PGR

The Progressive Corporation is a common stock trading at $210.96 per share, paying quarterly. — All figures before tax. Not financial advice.