dividend
confidence high
sentiment positive
materiality 0.65
Erie Indemnity raises quarterly dividend 7.1% to $1.275 per share; keeps management fee at 25%
ERIE INDEMNITY CO
- Quarterly dividend on Class A increased from $1.19 to $1.275 (7.1% hike); Class B dividend rises to $191.25.
- Management fee rate charged to Erie Insurance Exchange remains at 25% for 2024, unchanged from 2023.
- Dividend payable Jan 23, 2024 to holders of record Jan 8, 2024; ex-dividend date Jan 5, 2024.