SmarterDividends
ERIE

Erie Indemnity Company

ERIE29 yrs growth

Financial Services · Stock · quarterly payer

Forward Yield

2.67%

Annual Dividend

$5.85

Payout Ratio

52%

5-Yr Growth

7.2%

Ex-Date

Jul 7, 2026

Frequency

Quarterly

ERIE Dividend Safety Score

87/ 100
Grade A

Very Safe

Dividend-growth streak29 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage52% of earnings paid out
Free-cash-flow coverage60% of free cash flow
Balance-sheet strengthDebt/equity of 2.11
Yield vs its historyYield is 1.5× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ERIE a good dividend stock?

Yes

Erie Indemnity Company (ERIE) pays a quarterly dividend yielding 2.67% ($5.85/yr), with 29 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 29 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (52%)
  • Strong 7.2% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.67%
Payout Ratio
52%
Annual Dividend
$5.85
5-Yr Avg Growth
7.2%
Ex-Dividend Date
Jul 7, 2026
Years of Growth
29
Frequency
quarterly
Beta
0.31
Market Cap
$11.5B
P/E Ratio
20.1
5-Yr Total Return
15%
52-Week Range
$204.63 – $380.67
Dividend Safety
A · 87/100
Ever Cut?
No
ERIE ex-dividend date & scheduleNext ex-date Jul 7, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $5.85 / yr per share

Per payment (quarterly)$146.25
Annual$585.00
Monthly avg$48.75