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
DateValue
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