Progressive Dividend Payout Ratio from 2010 to 2024

PGR Stock  USD 206.67  1.36  0.65%   
Progressive Corp Dividend Payout Ratio yearly trend continues to be relatively stable with very little volatility. Dividend Payout Ratio is likely to drop to 0.07. During the period from 2010 to 2024, Progressive Corp Dividend Payout Ratio destribution of quarterly values had range of 1.0585 from its regression line and mean deviation of  0.23. View All Fundamentals
 
Dividend Payout Ratio  
First Reported
2010-12-31
Previous Quarter
0.07113571
Current Value
0.0676
Quarterly Volatility
0.3088086
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progressive Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progressive main balance sheet or income statement drivers, such as Interest Expense of 281.8 M, Total Revenue of 65.2 B or Gross Profit of 65.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0028 or PTB Ratio of 2.37. Progressive financial statements analysis is a perfect complement when working with Progressive Corp Valuation or Volatility modules.
  
This module can also supplement Progressive Corp's financial leverage analysis and stock options assessment as well as various Progressive Corp Technical models . Check out the analysis of Progressive Corp Correlation against competitors.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.

Latest Progressive Corp's Dividend Payout Ratio Growth Pattern

Below is the plot of the Dividend Payout Ratio of Progressive Corp over the last few years. It is Progressive Corp's Dividend Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progressive Corp's overall financial position and show how it may be relating to other accounts over time.
Dividend Payout Ratio10 Years Trend
Very volatile
   Dividend Payout Ratio   
       Timeline  

Progressive Dividend Payout Ratio Regression Statistics

Arithmetic Mean0.40
Geometric Mean0.30
Coefficient Of Variation77.00
Mean Deviation0.23
Median0.32
Standard Deviation0.31
Sample Variance0.1
Range1.0585
R-Value(0.1)
Mean Square Error0.10
R-Squared0.01
Significance0.73
Slope(0.01)
Total Sum of Squares1.34

Progressive Dividend Payout Ratio History

2024 0.0676
2023 0.0711
2022 0.36
2021 1.13
2020 0.28
2018 0.42
2017 0.25

About Progressive Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Progressive Corp income statement, its balance sheet, and the statement of cash flows. Progressive Corp investors use historical funamental indicators, such as Progressive Corp's Dividend Payout Ratio, to determine how well the company is positioned to perform in the future. Although Progressive Corp investors may use each financial statement separately, they are all related. The changes in Progressive Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progressive Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progressive Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progressive Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Payout Ratio 0.07  0.07 

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Progressive Corp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Progressive Corp is a strong investment it is important to analyze Progressive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progressive Corp's future performance. For an informed investment choice regarding Progressive Stock, refer to the following important reports:
Check out the analysis of Progressive Corp Correlation against competitors.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Progressive Stock analysis

When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Stocks Directory
Find actively traded stocks across global markets
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.253
Dividend Share
1.15
Earnings Share
9.78
Revenue Per Share
111.143
Quarterly Revenue Growth
0.206
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.