GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Erie Indemnity Co (NAS:ERIE) » Definitions » Dividend Yield %

ERIE (Erie Indemnity Co) Dividend Yield % : 1.14% (As of Oct. 31, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Erie Indemnity Co Dividend Yield %?

As of today (2024-10-31), the Trailing Annual Dividend Yield of Erie Indemnity Co is 1.14%.

The historical rank and industry rank for Erie Indemnity Co's Dividend Yield % or its related term are showing as below:

ERIE' s Dividend Yield % Range Over the Past 10 Years
Min: 0.69   Med: 2.25   Max: 3.36
Current: 1.14

During the past 13 years, the highest Dividend Yield of Erie Indemnity Co was 3.36%. The lowest was 0.69%. And the median was 2.25%.

ERIE's Dividend Yield % is ranked worse than
89% of 400 companies
in the Insurance industry
Industry Median: 3.925 vs ERIE: 1.14

Erie Indemnity Co's Dividend Payout Ratio for the three months ended in Jun. 2024 was 0.41.

During the past 13 years, the highest Dividend Payout Ratio of Erie Indemnity Co was 0.85. The lowest was 0.37. And the median was 0.74.

As of today (2024-10-31), the Forward Dividend Yield % of Erie Indemnity Co is 1.14%.

Erie Indemnity Co's Dividends per Share for the three months ended in Jun. 2024 was $1.28.

During the past 12 months, Erie Indemnity Co's average Dividends Per Share Growth Rate was -20.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Erie Indemnity Co was 27.60% per year. The lowest was 5.80% per year. And the median was 7.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Erie Indemnity Co Dividend Yield % Historical Data

The historical data trend for Erie Indemnity Co's Dividend 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 Dividend Yield % Chart

Erie Indemnity Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 1.57 2.15 1.78 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
Dividend 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 Dividend Yield %

For the Insurance Brokers subindustry, Erie Indemnity Co's Dividend Yield %, along with its competitors' market caps and Dividend 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 Dividend Yield % Distribution in the Insurance Industry

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

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



Erie Indemnity Co Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Erie Indemnity Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.2750002024-10-072024-10-072024-10-22Cash DividendquarterlyUSD:USD 1.000000
USD 1.2750002024-07-092024-07-092024-07-23Cash DividendquarterlyUSD:USD 1.000000
USD 1.2750002024-04-082024-04-092024-04-23Cash DividendquarterlyUSD:USD 1.000000
USD 1.2750002024-01-052024-01-082024-01-23Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Erie Indemnity Co's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.1/448.84
=1.14 %

Current Share Price is $448.84.
Erie Indemnity Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.1.

Erie Indemnity Co's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.1/448.84
=1.14 %

Current Share Price is $448.84.
Erie Indemnity Co's Dividends per Share for the forward twelve months is calculated as $1.275 * 4 = $5.1.

* 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.


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

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Erie Indemnity Co Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Erie Indemnity Co's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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