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Progressive Dividend
Dividend criteria checks 2/6
Progressive is a dividend paying company with a current yield of 0.53% that is well covered by earnings.
Key information
0.5%
Dividend yield
10%
Payout ratio
| Industry average yield | 4.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €1.060 |
| Earnings per share | €11.72 |
| Dividend yield forecast | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PGV's dividend payments have been volatile in the past 10 years.
Growing Dividend: PGV's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Progressive Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PGV) | 0.5% |
| Market Bottom 25% (BG) | 1.3% |
| Market Top 25% (BG) | 5.4% |
| Industry Average (Insurance) | 4.8% |
| Analyst forecast (PGV) (up to 3 years) | 1.2% |
Notable Dividend: PGV's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the BG market (1.57%).
High Dividend: PGV's dividend (0.53%) is low compared to the top 25% of dividend payers in the BG market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.8%), PGV's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.1%), PGV's dividend payments are thoroughly covered by cash flows.