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Erie Indemnity - Stock

Erie Indemnity Dividend 2024

Erie Indemnity Dividend

4.76 USD

Erie Indemnity Dividend yield

1.33 %

Ticker

ERIE

ISIN

US29530P1021

WKN

919562

How much dividend does Erie Indemnity 2024 pay?

According to the latest status from June 2024, Erie Indemnity paid a total of 4.76 USD per share in dividends within the last 12 months. With the current Erie Indemnity price of 359.01 USD, this corresponds to a dividend yield of 1.33 %. A dividend is paid 4 times per year.

1.33 % Dividend Yield=
4.76 USD Dividend
359.01 USD Stock Price

Historical Erie Indemnity Dividends

A dividend is paid 4 times per year. Last year, the payout months were February, May, August and November.

PaydateDividend
8/9/20241.28
5/8/20241.28
2/5/20241.28
11/4/20231.19
8/5/20231.19
5/4/20231.19
2/4/20231.19
11/4/20221.11
8/5/20221.11
5/4/20221.11
2/4/20221.11
11/4/20211.04
8/2/20211.04
5/5/20211.04
2/4/20211.04
1/18/20212
11/2/20200.97
8/6/20200.97
5/3/20200.97
2/6/20200.97
1
2
3
4
5
...
6

Erie Indemnity Stock Dividend

In 2023, Erie Indemnity paid a dividend amounting to 4.76 USD. Dividend means that Erie Indemnity distributes a portion of its profits to its owners.

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Dividend

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Dividend Overview

The dividend per year chart for Erie Indemnity provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Erie Indemnity’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Erie Indemnity's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Erie Indemnity Dividend History

DateErie Indemnity Dividend
2025e4.86 undefined
2024e4.88 undefined
20234.76 undefined
20224.44 undefined
20214.14 undefined
20205.86 undefined
20193.6 undefined
20183.36 undefined
20173.13 undefined
20162.19 undefined
20153.45 undefined
20142.54 undefined
20131.78 undefined
20124.21 undefined
20112.06 undefined
20101.44 undefined
20091.83 undefined
20082.21 undefined
20071.6 undefined
20061.44 undefined
20051.3 undefined
20040.65 undefined

Is the Erie Indemnity Dividend Safe?

Erie Indemnity has been increasing the dividend for 35 years.

Over the past 10 years, Erie Indemnity has increased it by an annual 10.352 %.

Over a five-year period, the distribution increased by 7.215%.

Analysts expect a Dividend Increase of 1.264% for the current fiscal year.

Erie Indemnity Stock Payout Ratio

In 2023, Erie Indemnity had a payout ratio of 94.93%. The payout ratio indicates the percentage of the company's profits that Erie Indemnity distributes as dividends.

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Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Erie Indemnity represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Erie Indemnity could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Erie Indemnity's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Erie Indemnity Payout Ratio History

DateErie Indemnity Payout ratio
2025e89.83 %
2024e87.67 %
202394.93 %
202286.89 %
202181.18 %
2020116.73 %
201966.42 %
201868.15 %
201792.88 %
201661 %
2015115.91 %
201489.12 %
201364.4 %
2012140.8 %
201167.1 %
201050.53 %
200997.34 %
2008185.71 %
200746.65 %
200646.01 %
200538.92 %
200420.09 %

Dividend Details

Understanding Erie Indemnity's Dividend Distributions

Erie Indemnity’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Erie Indemnity's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Erie Indemnity's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Erie Indemnity’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Erie Indemnity Aktienanalyse

What does Erie Indemnity do?

The Erie Indemnity Company is an American insurance company based in Erie, Pennsylvania. Founded in 1925 by H.O. Hirt and O.G. Crawford, the company employs over 5,000 employees and is one of the largest providers of auto insurance in the United States. Erie Indemnity is an insurance organization where policyholders themselves are the owners of the company. The company focuses on providing the best advice and building long-term customer relationships. They offer a variety of insurance products, such as auto, home, and life insurance, and prioritize individualized consultation and tailored coverage. Erie Indemnity is proud of its high customer satisfaction ratings and regularly earns top rankings in independent studies. In addition to traditional insurance products, the company also provides innovative services, such as free accident claims processing and exclusive driver safety training. Employee training and development are also key priorities, ensuring staff are up to date on industry advancements and legislation to provide optimal service. Erie Indemnity has expanded its business to new markets, offering insurance for small and medium-sized businesses and dabbling in cybersecurity. In summary, Erie Indemnity is a successful and innovative insurance company that prioritizes customer orientation and personalized consultation. The company will continue to pursue its path and meet the challenges of the industry in the future. Erie Indemnity is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Erie Indemnity Stock

How much dividend does Erie Indemnity pay?

Over the past 12 months, Erie Indemnity paid a dividend of 4.76 USD . This corresponds to a dividend yield of about 1.33 %. For the coming 12 months, Erie Indemnity is expected to pay a dividend of 4.86 USD.

What is the dividend yield of Erie Indemnity?

The current dividend yield of Erie Indemnity is 1.33 %.

When does Erie Indemnity pay dividends?

Erie Indemnity pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of Erie Indemnity?

Erie Indemnity paid dividends every year for the past 35 years.

What is the dividend of Erie Indemnity?

For the upcoming 12 months, dividends amounting to 4.86 USD are expected. This corresponds to a dividend yield of 1.35 %.

In which sector is Erie Indemnity located?

Erie Indemnity is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Erie Indemnity kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Erie Indemnity from 7/23/2024 amounting to 1.275 USD, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Erie Indemnity pay the last dividend?

The last dividend was paid out on 7/23/2024.

What was the dividend of Erie Indemnity in the year 2023?

In the year 2023, Erie Indemnity distributed 4.44 USD as dividends.

In which currency does Erie Indemnity pay out the dividend?

The dividends of Erie Indemnity are distributed in USD.

Andere Kennzahlen von Erie Indemnity

Our stock analysis for Erie Indemnity Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Erie Indemnity Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.