8-KFiled Aug 9, 8:00 PM ET

Progressive Corp Declares Quarterly Dividend; Releases Reinsurance Report

$PGR · PROGRESSIVE CORP/OH/

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Progressive Corp Declares Quarterly Dividend; Releases Reinsurance Report

What Happened
The Progressive Corporation (PGR) announced on Aug. 7, 2026 that its Board declared a quarterly common share dividend of $0.10 per share, payable Oct. 9, 2026 to shareholders of record on Oct. 1, 2026. On Aug. 10, 2026 the company also released a Report on its Catastrophe Reinsurance Program providing an overview of its reinsurance practices; that Report is attached to the 8-K as Exhibit 99 and is available on the company’s Investor Relations website.

Key Details

  • Dividend declared: $0.10 per common share.
  • Record date: October 1, 2026; Payment date: October 9, 2026.
  • Report released: August 10, 2026 — titled “Catastrophe Reinsurance Program” and attached as Exhibit 99 to the Form 8-K.
  • The Investor Relations website hosts the Report; website content is not incorporated by reference into the 8-K.

Why It Matters
The dividend declaration is a direct, concrete cash return to shareholders and signals the Board’s decision to continue distributing earnings as of this quarter. The Catastrophe Reinsurance Program Report provides investors with additional transparency about how Progressive manages catastrophe risk through reinsurance—useful context for assessing the company’s exposure to large insured-loss events and its risk transfer strategy. This filing does not report earnings or operational results; it focuses on capital return and disclosures about reinsurance practices.