Progressive (PGR) Preferred Dividend Payments (2018 - 2024)
Progressive (PGR) posted quarterly Preferred Dividend Payments of $17.0 million for Q1 2024, up 132.88% year-over-year from $7.3 million in Q2 2023, and up 57.41% on a QoQ basis from $10.8 million in Q4 2023.
Progressive (PGR) Preferred Dividend Payments (2018 - 2024) Analysis & Trends
Progressive has reported Preferred Dividend Payments for 7 years, with the latest figure at $17.0 million in Q1 2024.
- Preferred Dividend Payments for Q1 2024 came in at $17.0 million, up 132.88% year-over-year; the trailing twelve-month figure through Dec 2024 was $17.0 million (down 55.26% YoY), and the FY2024 annual result was $17.0 million, down 55.26% from the prior year.
- Preferred Dividend Payments climbed to $17.0 million in Q1 2024, from $10.8 million in the prior quarter.
- Over five years, Preferred Dividend Payments peaked at $17.0 million in Q1 2024 and troughed at $6.7 million in Q1 2020.
- A 5-year average of $8.0 million and a median of $6.7 million in 2020 frame the typical range for Preferred Dividend Payments.
- The widest annual swing landed in 2020, when Preferred Dividend Payments changed 0.0%; it then soared 132.88% in 2024.
- 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 increased by 1.47% to $6.9 million in 2022, then surged by 56.52% to $10.8 million in 2023, then jumped by 57.41% to $17.0 million in 2024.
- Per Business Quant data, the three most recent Preferred Dividend Payments figures were $17.0 million in Q1 2024, $10.8 million in Q4 2023, and $10.4 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Pref Dividends (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.95 Bn | 121.18 Bn | 9.13 Bn | - |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn | - |
| 4 | Allstate | 68.51 Bn | 29.78 Bn | 16.28 Bn | 30.00 Mn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - | - |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | - |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn | - |
| 8 | Markel | 23.21 Bn | 6.33 Bn | 2.83 Bn | - |
| 9 | Assurant | 14.14 Bn | 12.10 Bn | 2.71 Bn | - |
| 10 | Cna Financial | 13.87 Bn | 6.09 Bn | 3.44 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 |