DIVIDEND ANNOUNCEMENT: Cl A Com/Erie Indemnity Co. (NASDAQ:ERIE) on 12/13/2019 declared a dividend of $0.9650 per share

Cl A Com/Erie Indemnity Co. (NASDAQ:ERIE) on 12/13/2019 declared a dividend of $ 0.9650 per share payable on January 22, 2020 to shareholders of record as of January 07, 2020. Dividend amount recorded is an increase of $ 0.065 from last dividend Paid.

Cl A Com/Erie Indemnity Co. (NASDAQ:ERIE) has paid dividends since 1995, has a current dividend yield of 2.2876784801% and has increased its dividends for 5 successive years.

Cl A Com/Erie Indemnity Co.'s market cap is $ 7,793,469,970 and has a PE ratio of 27.62. The stock price closed yesterday at $ 168.73 and has a 52 week low/high of $ 123.94 and $ 270.23.

Erie Indemnity is an attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange (Exchange), a reciprocal insurer that writes property and casualty insurance. Co.'s main function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. Co. also acts as attorney-in-fact on behalf of the Exchange with respect to claims handling and investment management services, as well as the service provider for the claims handling, life insurance, and investment management services for its insurance subsidiaries. Co. provides policy issuance and renewal services related to the sales, underwriting and issuance of policies.

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