Erie Indemnity increases dividend by 7.1 percent in Q1 of 2019 Dividendhike.com | Dividend News and Statistics for US Equities

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Business	yield	Hike yrs	5 yr CAGR	freq.	paid since
Erie Indemnity As of October 10, 2023	ticker	dps (an.)	2024 hike	2023 hike	2022 hike
Erie Indemnity As of October 10, 2023	ERIE	$4.76	0.0%	7.2%	7.2%
P&C Insurance	1.6%	32	7.2%	Quarter	1933

Erie Indemnity hikes dividend by 7.1%

Friday 7 December 2018

Erie Indemnity Company (ERIE) will raise its quarterly dividend by 7.1 percent to $0.90 per share in the first quarter of 2019. The management company has raised its dividend for more than 25 consecutive years now.

The next quarterly dividend is payable January 23, 2019, to shareholders of record as of January 8, 2019, with a dividend ex-date of January 7, 2019.

A new annualized dividend rate of $3.60 per share yields 2.7% at a stock price of $131.43.

Erie Indemnity Company is a management company. Erie Insurance Exchange pays a management fee to Erie Indemnity Company. Erie Insurance Group, based in Erie, Pennsylvania, is a homeowners insurer and automobile insurer in the United States. Also the company is a property/casualty insurer in the United States. Erie Indemnity Company has paid regular shareholder dividends since 1933.

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