Erie Indemnity Dividend
Dividend criteria checks 4/6
Erie Indemnity is a dividend paying company with a current yield of 1.35% that is well covered by earnings.
Key information
1.3%
Dividend yield
47%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$9.26 |
| Dividend yield forecast in 3Y | 1.4% |
Recent dividend updates
Recent updates
Here's Why Erie Indemnity Company's (NASDAQ:ERIE) CEO May Deserve A Raise
Apr 17
Do Erie Indemnity's (NASDAQ:ERIE) Earnings Warrant Your Attention?
Mar 21Why Investors Shouldn't Be Surprised By Erie Indemnity Company's (NASDAQ:ERIE) P/E
Feb 21Erie Indemnity (NASDAQ:ERIE) Has Announced That It Will Be Increasing Its Dividend To $1.27
Dec 13Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Jun 26Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Jun 07Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
May 18Erie Indemnity (NASDAQ:ERIE) Is Increasing Its Dividend To $1.19
May 04Erie Indemnity's (NASDAQ:ERIE) Dividend Will Be Increased To $1.19
Mar 09Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 25Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 11Erie Indemnity goes ex dividend tomorrow
Oct 03Erie Insurance launches venture capital fund to accelerate innovation
Aug 25Erie Indemnity GAAP EPS of $1.53 misses by $0.09, revenue of $726.14M beats by $18.66M
Jul 28Erie Indemnity Flourishing From Here To Eternity, But The Stock Price Is Not Yet Worthy
Jul 16Erie Indemnity goes ex-dividend on Tuesday
Jul 01Erie Indemnity (NASDAQ:ERIE) Is Paying Out A Larger Dividend Than Last Year
Jan 02Erie Indemnity's (NASDAQ:ERIE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 13Is Weakness In Erie Indemnity Company (NASDAQ:ERIE) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 13Why Erie Indemnity Company (NASDAQ:ERIE) Should Be In Your Dividend Portfolio
Feb 20Do Insiders Own Lots Of Shares In Erie Indemnity Company (NASDAQ:ERIE)?
Jan 25Why You Might Be Interested In Erie Indemnity Company (NASDAQ:ERIE) For Its Upcoming Dividend
Dec 30Is It Smart To Buy Erie Indemnity Company (NASDAQ:ERIE) Before It Goes Ex-Dividend?
Dec 14
Erie Indemnity increases dividend by ~7% to $1.035
Dec 08Is Erie Indemnity Company (NASDAQ:ERIE) A Smart Pick For Income Investors?
Nov 20Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ERIE's dividends per share have been stable in the past 10 years.
Growing Dividend: ERIE's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Erie Indemnity Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ERIE) | 1.3% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Insurance) | 1.9% |
| Analyst forecast in 3 Years (ERIE) | 1.4% |
Notable Dividend: ERIE's dividend (1.35%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: ERIE's dividend (1.35%) is low compared to the top 25% of dividend payers in the US market (4.78%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (47%), ERIE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (82.2%), ERIE's dividend payments are covered by cash flows.