Erie Indemnity increases dividend by 7.2 percent in 2020 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 7.2%

Friday 13 December 2019

Erie Indemnity Company has paid regular shareholder dividends since 1933. © Erie Insurance

Erie Indemnity Company (ERIE) will raise its quarterly dividend by 7.2 percent to $0.965 per share in the first quarter of 2020. The management company hiked its dividend by 7.1 percent last year.

The next quarterly dividend is payable January 22, 2020, to shareholders of record as of January 7, 2020, with a dividend ex-date on January 6, 2020. A new annualized dividend rate of $3.86 per share yields 2.3% at a stock price of $168.80.

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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