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Erie Indemnity Company Stock Dividends Overview

ERIE pays dividends quarterly. Last paid amount was $1.28 at Apr 23, 2024. As of today, dividend yield (TTM) is 1.67%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.67%
Frequency Quarterly
1Y Growth 7.56%
Payout Ratio 0
Amount Per Share $1.28
Erie Indemnity Company has not yet announced its next dividend date. Last payment date was: Apr 23, 2024.

ERIE Dividend Payout History

To ensure a understanding of ERIE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 22, 2024 Apr 08, 2024 Apr 23, 2024 $1.28 0.332%
2 Dec 05, 2023 Jan 05, 2024 Jan 23, 2024 $1.28 0.377%
3 Jul 25, 2023 Oct 04, 2023 Oct 20, 2023 $1.19 0.397%
4 Apr 25, 2023 Jul 05, 2023 Jul 20, 2023 $1.19 0.569%
5 Feb 16, 2023 Apr 04, 2023 Apr 20, 2023 $1.19 0.514%
6 Dec 07, 2022 Jan 04, 2023 Jan 20, 2023 $1.19 0.489%
7 Aug 02, 2022 Oct 04, 2022 Oct 20, 2022 $1.11 0.474%
8 May 02, 2022 Jul 05, 2022 Jul 20, 2022 $1.11 0.576%
9 Feb 28, 2022 Apr 04, 2022 Apr 20, 2022 $1.11 0.620%
10 Dec 09, 2021 Jan 04, 2022 Jan 20, 2022 $1.11 0.633%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (71.59%)

Growth potential

Increase likely (56.09%)

ERIE Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from ERIE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ERIE stock here.

Comparing ERIE to Sector and Country

ERIE pays a solid dividend yield of 1.67%, which is lower than the average of the bottom 25% of dividend payers in the US market (1.89%). ERIE’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

ERIE Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Ares Capital Corporation 12.518B $0.480 9.72% 67.74%
Zions Bancorporation 6.114B $0.410 4.82% 41.47%
East West Bancorp 10.693B $0.550 3.30% 18.13%
Commerce Bancshares 7.219B $0.270 2.70% 21.47%
Erie Indemnity Company 17.564B $1.28 1.67% 49.70%
SEI Investments Company 8.743B $0.460 1.47% 23.60%
CBOE Holdings 19.183B $0.550 1.34% 29.35%
LPL Financial Holdings Inc. 19.761B $0.300 0.527% 8.65%
Morningstar 12.283B $0.410 0.450% 44.87%
First Citizens BancShares 25.896B $1.64 0.336% 1.02%

FAQ

What factors can affect the amount of ERIE's dividend payments?
The amount of ERIE's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in ERIE sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from ERIE stock be automatically reinvested?
If ERIE offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy ERIE stock.

How often does ERIE pay dividend?
Erie Indemnity Company (ERIE) pays dividends quarterly. The most recent payout was on Apr 23, 2024.

How much does ERIE pays per share?
The last recorder (Apr 08, 2024) dividend per share was $1.28.

What is ERIE dividend growth rate?
Over the last year, Erie Indemnity Company has witnessed growth rate of 7.56% . Looking back over the past 3 years, this growth rate has been 7.34%. Furthermore, examining the past 5 years, Erie Indemnity Company has maintained an average Dividends Per Share Growth Rate of 7.30%.
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About Erie Indemnity Company

Erie Indemnity Company Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. The company provides sales, underwriting, policy issuance, and renewal services for the policyholders on behalf of the Erie Insurance Exchange. It also offers sales related services, including agent compensation, and sales and advertising support services; and underwriting services comprise underwriting and polic... ERIE Profile

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