Summary
Progressive Corporation (PGR) filed an 8-K on January 24, 2018, to disclose financial results for the month and year ended December 2017, along with selected quarterly financial data. This filing serves as an important update for investors, providing a snapshot of the company's performance heading into the new fiscal year. The release also included details on the calculation of the annual variable dividend rate, offering transparency into a component of shareholder returns.
Key Highlights
- 1Disclosure of December 2017 and full-year 2017 financial results.
- 2Inclusion of selected quarterly financial results.
- 3Announcement of the calculation for the annual variable dividend rate.
- 4The information was released via a news release dated January 24, 2018.
- 5The filing includes Exhibit 99, which is the full news release with the financial details.
Frequently Asked Questions
Progressive Corporation disclosed its financial results for the month and full year ended December 2017, as well as selected quarterly financial results. The filing also included the calculation of the annual variable dividend rate.
The information was announced via a news release on January 24, 2018, and the 8-K filing was also made on January 24, 2018.
The detailed financial results and dividend rate calculation are available in the news release attached to the 8-K filing as Exhibit 99.