Erie Indemnity Declares $1.46 Quarterly Dividend on Class A Shares
Erie Indemnity Company, a property and casualty insurance management services provider, announced a quarterly cash dividend of $1.4625 per share on its Class A common stock. The board approved the payment at its April 21, 2026 meeting.
Erie Indemnity Company (NASDAQ: ERIE), a property and casualty insurance management services provider, declared a quarterly dividend of $1.4625 per share on its Class A common stock. The board of directors approved the dividend at its meeting on April 21, 2026. Read more dividend announcements.
This marks the company's 384th consecutive dividend payment on Class A shares, underscoring Erie Indemnity's track record of consistent shareholder distributions.
| Dividend Details | Date |
|---|---|
| Amount Per Share | $1.4625 |
| Record Date | July 7, 2026 |
| Ex-Dividend Date | July 7, 2026 |
| Payment Date | July 21, 2026 |
First Quarter Performance
The dividend announcement came alongside the company's first quarter 2026 earnings report. Erie Indemnity reported net income of $150.5 million, or $2.88 per diluted share, for the quarter ending March 31, 2026. This represents an increase from $138.4 million, or $2.65 per diluted share, in the same period of 2025.
Board Leadership Transition
At the same April 21 meeting, shareholders re-elected 10 incumbent directors and one new director to one-year terms. Jonathan Hirt Hagen was elected Chairman of the Board, while Thomas B. Hagen, who had served as Chairman since 2007, will continue as Chairman Emeritus.
The company's 101st Annual Meeting of Shareholders also saw unanimous approval of executive compensation for named officers, with all 2,542 shares of Class B common stock voting in favor.