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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
Next Ex-Dividend Date Jul 09, 2024
Next Payment Date Jul 23, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from ERIE the purchase should be done within the next 60 days.
Here's a simple guide on how to buy ERIE stock.

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
61 Dec 10, 2009 Dec 31, 2009 Jan 20, 2010 $0.480 1.24%
62 Aug 04, 2009 Oct 01, 2009 Oct 20, 2009 $0.450 1.23%
63 May 05, 2009 Jul 01, 2009 Jul 20, 2009 $0.450 1.25%
64 Feb 26, 2009 Apr 01, 2009 Apr 20, 2009 $0.450 1.38%
65 Dec 11, 2008 Dec 31, 2008 Jan 20, 2009 $0.450 1.25%
66 Jul 29, 2008 Oct 01, 2008 Oct 20, 2008 $0.440 1.23%
67 Apr 21, 2008 Jul 01, 2008 Jul 18, 2008 $0.440 1.00%
68 Feb 21, 2008 Apr 02, 2008 Apr 18, 2008 $0.440 0.81%
69 Dec 12, 2007 Jan 02, 2008 Jan 18, 2008 $0.440 0.89%
70 Aug 01, 2007 Oct 02, 2007 Oct 19, 2007 $0.400 0.715%

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 (85.29%)

Growth potential

Increase likely (73.33%)

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 (1.83%). 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 (11.05%), 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 12.629B $0.480 9.72% 61.43%
Zions Bancorporation 6.514B $0.410 4.82% 33.86%
East West Bancorp 10.844B $0.550 3.12% 18.13%
Commerce Bancshares 7.294B $0.270 2.70% 21.47%
Erie Indemnity Company 18.727B $1.28 1.67% 46.58%
SEI Investments Company 9.009B $0.460 1.47% 24.12%
CBOE Holdings 19.453B $0.550 1.34% 29.35%
LPL Financial Holdings Inc. 19.95B $0.300 0.527% 8.96%
Morningstar 12.645B $0.410 0.453% 44.87%
First Citizens BancShares 24.696B $1.64 0.336% 4.37%

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. The upcoming dividend Ex Date is Jul 09, 2024, with an amount of $1.28.

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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