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ERIE (Erie Indemnity Co) Shareholder Yield % : 1.13% (As of Jun. 2024)


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What is Erie Indemnity Co Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Erie Indemnity Co's Shareholder Yield % was 1.13%.


Erie Indemnity Co Shareholder Yield % Historical Data

The historical data trend for Erie Indemnity Co's Shareholder Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Erie Indemnity Co Shareholder Yield % Chart

Erie Indemnity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 1.59 2.17 1.99 1.07

Erie Indemnity Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.19 1.59 1.07 1.21 1.36

Competitive Comparison of Erie Indemnity Co's Shareholder Yield %

For the Insurance Brokers subindustry, Erie Indemnity Co's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Erie Indemnity Co's Shareholder Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Erie Indemnity Co's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Erie Indemnity Co's Shareholder Yield % falls into.



Erie Indemnity Co Shareholder Yield % Calculation

Erie Indemnity Co's Shareholder Yield % for the quarter that ended in Jun. 2024 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=1.36 %+0 %+0 %
=1.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Erie Indemnity Co  (NAS:ERIE) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Erie Indemnity Co Shareholder Yield % Related Terms

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Erie Indemnity Co Business Description

Traded in Other Exchanges
Address
100 Erie Insurance Place, Erie, PA, USA, 16530
Erie Indemnity Co mainly performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.
Executives
Charles Scott Hartz director TWO BALA PLAZA, SUITE 300, BALA CYNWYD PA 19004-1573
Borneman J Ralph Jr director NATIONAL PENN BANCSHARES INC, PHILADELPHIA & READING AVENUES, BOYERTOWN PA 19512
Marc Cipriani officer: Senior Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Sean Dugan officer: Executive Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Parthasarathy Srinivasa officer: EVP, Chief Information Officer 100 ERIE INSURANCE PLACE, ERIE PA 16530
Jorie L Novacek officer: SVP, Controller 100 ERIE INSURANCE PLACE, ERIE PA 16530
Thomas B Hagen director 230 WEST 6TH STREET, ERIE PA 16507-1319
Eugene C Connell director 785 HUNTINGTON DRIVE, ERIE PA 16505
Elizabeth A Vorsheck director, 10 percent owner 6252 COMMERCIAL WAY PMB 140, BROOKSVILLE FL 34613
Brian W. Bolash officer: SVP,Secretary,General Counsel 100 ERIE INSURANCE PLACE, ERIE PA 16530
Hudson Brian Arden Sr. director 2407 PARK DRIVE, HARRISBURG PA 17110
Louis F Colaizzo officer: Senior Vice President 100 ERIE INSURANCE PLACE, ERIE PA 16530
Salvatore Correnti director 8518 SOUTHFIELDS CIRCLE, LUTHERVILLE MD 21093
Timothy G Necastro officer: President & CEO, Designate 100 ERIE INSURANCE PL, ERIE PA 16530
Luann Datesh director 333 OAK FOREST DRIVE, PITTSBURGH PA 15216