Progressive Corporation Declares $13.50 Annual Dividend, Sets 2026 Shareholder Meeting

The Progressive Corporation's Board of Directors declared an annual common share dividend of $13.50 per share and a quarterly dividend of $0.10 per share, payable January 8, 2026. These dividend decisions reflect the company's assessment of its capital resources and future capital needs. The Board also set March 13, 2026, as the record date for shareholders eligible to vote at the Annual Meeting scheduled for May 8, 2026. Progressive is a major player in U.S. personal and commercial auto insurance, ranking as the second largest personal auto insurer nationally. The company also offers homeowners, motorcycle, boat, and recreational vehicle insurance, emphasizing multiple channels for customer engagement including digital platforms and local agents. Founded in 1937, Progressive continues to innovate with tools like Name Your Price® and Snapshot® to enhance policyholder experience. Investors and insurance market professionals should note Progressive's dividend strategy and shareholder meeting schedule as indicators of its capital management and governance priorities. The company’s ongoing expansion in various insurance lines underscores its influence in shaping market dynamics and competitive practices within the U.S. insurance industry.