Progressive (PGR) Preferred Dividend Payments (2018 - 2024)
Progressive (PGR) posted quarterly Preferred Dividend Payments of $17.0 million for Q1 2024, up 132.88% YoY from $7.3 million in Q2 2023, and up 57.41% sequentially from $10.8 million in Q4 2023.
Progressive (PGR) Preferred Dividend Payments (2018 - 2024) Analysis & Trends
Progressive has disclosed Preferred Dividend Payments across 7 years of filings, most recently posting $17.0 million for Q1 2024.
- In Q1 2024, Preferred Dividend Payments rose 132.88% year-over-year to $17.0 million; the TTM figure through Dec 2024 stood at $17.0 million (down 55.26% YoY), while the FY2024 annual figure was $17.0 million, down 55.26% from the prior year.
- Preferred Dividend Payments improved to $17.0 million in Q1 2024, from $10.8 million in the prior quarter.
- Over the last five years, Preferred Dividend Payments for PGR reached as high as $17.0 million in Q1 2024 and fell as low as $6.7 million in Q1 2020.
- The 5-year median for Preferred Dividend Payments is $6.7 million (2020), against an average of $8.0 million.
- Annual changes were most pronounced in 2020 — Preferred Dividend Payments changed 0.0% — and 2024, when it surged 132.88%.
- A 5-year view of Preferred Dividend Payments shows it stood at $6.8 million in 2020, then changed by 0.0% to $6.8 million in 2021, then grew by 1.47% to $6.9 million in 2022, then jumped by 56.52% to $10.8 million in 2023, then soared by 57.41% to $17.0 million in 2024.
- According to Business Quant data, Preferred Dividend Payments over the past three periods registered $17.0 million, $10.8 million, and $10.4 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn | - |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn | - |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn | - |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn | - |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn | - |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn | 29.00 Mn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn | - |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn | 2.30 Mn |
| 10 | Assurant | 13.63 Bn | 11.71 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 10.80 Mn |
| Sep 30, 2023 | 10.40 Mn |
| Jun 30, 2023 | 9.50 Mn |
| Mar 31, 2023 | 7.30 Mn |
| Dec 31, 2022 | 6.90 Mn |
| Sep 30, 2022 | 6.70 Mn |
| Jun 30, 2022 | 6.70 Mn |
| Mar 31, 2022 | 6.70 Mn |
| Dec 31, 2021 | 6.80 Mn |
| Sep 30, 2021 | 6.70 Mn |
| Jun 30, 2021 | 6.70 Mn |
| Mar 31, 2021 | 6.70 Mn |
| Dec 31, 2020 | 6.80 Mn |
| Sep 30, 2020 | 6.70 Mn |
| Jun 30, 2020 | 6.70 Mn |
| Mar 31, 2020 | 6.70 Mn |
| Dec 31, 2019 | 6.80 Mn |
| Sep 30, 2019 | 6.70 Mn |
| Jun 30, 2019 | 6.70 Mn |