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Erie Indemnity (ERIE) Dividend Yield, Date & History

Erie Indemnity logo
$416.48 +8.10 (+1.98%)
(As of 12/20/2024 05:16 PM ET)

Erie Indemnity Dividend Summary

Dividend Yield
1.31%
Annual Dividend
$5.46
Next
Dividend Payment
Jan. 22
Dividend Increase
Track Record
35 Years
Annualized 3-Year
Dividend Growth
7.24%
Dividend Payout Ratio
51.08%

Erie Indemnity (ERIE) pays an annual dividend of $5.46 per share, with a dividend yield of 1.31%. The next quarterly payment of $1.3650 per share is scheduled for Wednesday, January 22, to investors who own the stock before the ex-dividend date of Tuesday, January 7. ERIE has grown its dividend for 35 consecutive years, with an average annual increase of 2.36%. The company currently pays out 51.08% of its earnings and 71.11% of its cash flow as dividends.

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ERIE Dividend Payments by Quarter

The chart below displays up to four years of Erie Indemnity's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ERIE Dividend Yield Over Time

The chart below tracks Erie Indemnity's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Erie Indemnity vs. The Competition

Compare Erie Indemnity's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeErie IndemnityFinance CompaniesNASDAQ Companies
Annual Dividend$5.46$0.02$1.31
Dividend Yield1.31%10.51%4.20%
Annualized 3-Year Dividend Growth7.24%12.89%14.22%
Track Record35 years17 years19 years

Erie Indemnity Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings51.08%
Based on This Year's Estimate47.94%
Based on Next Year's Estimate38.18%
Based on Cashflow71.11%

Erie Indemnity Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/10/2024quarterly$1.3650+$0.09
7.06%
1.33%1/7/20251/7/20251/22/2025
7/23/2024Quarterly$1.2750 - 1.21%10/7/202410/7/202410/22/2024
4/23/2024Quarterly$1.2750 - 1.34%7/9/20247/9/20247/23/2024
2/22/2024Quarterly$1.2750 - 1.31%4/8/20244/9/20244/23/2024
12/5/2023quarterly$1.2750+$0.0850
7.14%
1.69%1/5/20241/8/20241/23/2024
7/25/2023Quarterly$1.19 - 2.17%10/4/202310/5/202310/20/2023
4/25/2023Quarterly$1.19 - 2.19%7/5/20237/6/20237/20/2023
2/16/2023Quarterly$1.19 - 2.02%4/4/20234/5/20234/20/2023

This table shows Erie Indemnity's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Erie Indemnity Dividend - Frequently Asked Questions

The current dividend yield for Erie Indemnity is 1.31%. Learn more on ERIE's dividend yield history.

The annual dividend for ERIE shares is $5.46. Learn more on ERIE's annual dividend history.

Erie Indemnity pays quarterly dividends to shareholders.

Erie Indemnity's next quarterly dividend payment of $1.3650 per share will be made to shareholders on Wednesday, January 22, 2025.

Erie Indemnity's most recent quarterly dividend payment of $1.2750 per share was made to shareholders on Tuesday, October 22, 2024.

Erie Indemnity's next ex-dividend date is Tuesday, January 7, 2025.

Erie Indemnity's most recent ex-dividend date was Monday, October 7, 2024.

Over the past three years, the company's dividend has grown by an average of 7.24% per year.

Erie Indemnity has increased its dividend for the past 35 consecutive years.

The most recent change in the company's dividend was an increase of $0.09 on Tuesday, December 10, 2024.

The dividend payout ratio for ERIE is:
  • 51.08% based on the trailing year of earnings
  • 47.94% based on this year's estimates
  • 38.18% based on next year's estimates
  • 71.11% based on cash flow

Erie Indemnity's dividend yield of 1.21% is lower than the average Finance company that issues a dividend. The company's 35 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Erie Indemnity's dividend payout ratio of 51.08% is at a healthy, sustainable level, below 75% of its earnings.


This page (NASDAQ:ERIE) was last updated on 12/21/2024 by MarketBeat.com Staff
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