Key Developments: Progressive Corp (PGR)
25.81USD
24 May 2013
$-0.02 (-0.08%)
$25.83
$25.70
$25.84
$25.61
1,950,515
2,992,628
$26.39
$19.17
Latest Key Developments (Source: Significant Developments)
Progressive Corp Declares Annual Variable Dividend
Progressive Corp announced the Board of Directors have declared an annual variable dividend to be paid on February 1, 2013, to shareholders of record at the close of business on January 25, 2013 (ex-dividend date of January 23, 2013). The amount of the dividend is $.2845 per common share, or an estimated $172.0 million in the aggregate, and is reflected in 2012 financial statements. Full Article
Progressive Corp Announces Special Cash Dividend
Progressive Corp announced that Board of Directors has declared a special cash dividend of $1.00 per Common Share, payable November 29, 2012 to shareholders of record at the close of business on November 21, 2012. Full Article
The Progressive Corporation Announces Annual Dividend Information
The Progressive Corporation announced that its Board of Directors declared an annual dividend to be paid on February 3, 2012, to shareholders of record at the close of business on January 26, 2012 (ex-dividend date of January 24, 2012). The amount of the dividend will be determined based on the Company’s 2011 financial results and the formula discussed below, and announced in the Company’s year-end earnings release, which is currently scheduled for January 19, 2012. Full Article
The Progressive Corporation Announces Public Offering of $500 Million of Senior Notes
The Progressive Corporation announced the public offering of $500 million aggregate principal amount of its 3.75% Senior Notes due 2021. The notes were priced at 99.892% of par. Credit Suisse Securities (USA) LLC is acting as sole bookrunner for this debt offering. Full Article
UK govt warns Go-Ahead on rail performance
LONDON - The British government gave rail operator Go-Ahead Plc 'a firm yellow-card' over service failures at its London Midland franchise, forcing it to provide a 7 million pounds package of passenger benefits as punishment.
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