Progressive 2015 Annual Report Download - page 88

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The Progressive Corporation and Subsidiaries
Quarterly Financial and Common Share Data
(unaudited)
(millions – except per share amounts)
Stock Price1
Quarter
Total
Revenues
Net
Income
Net Income
Attributable to
Progressive2
Per
Share3High Low Close
Rate of
Return4
Dividends
Declared
Per Share5
2015
1 $ 4,895.3 $ 295.6 $ 295.6 $0.50 $27.90 $25.23 $27.20 $ 0
2 5,283.3 368.5 363.3 0.62 28.50 26.44 27.83 0
3 5,273.8 286.5 278.3 0.47 31.70 27.23 30.64 0
4 5,401.4 349.9 330.4 0.56 33.95 30.09 31.80 0.8882
$20,853.8 $1,300.5 $1,267.6 $2.15 $33.95 $25.23 $31.80 20.9% $0.8882
2014
1 $ 4,707.6 $ 321.3 $ 321.3 $0.54 $27.30 $22.53 $24.22 $ 0
2 4,741.5 293.4 293.4 0.49 26.03 23.40 25.36 0
3 4,766.1 296.1 296.1 0.50 25.63 23.20 25.28 0
4 5,176.2 370.2 370.2 0.63 27.52 24.16 26.99 0.6862
$19,391.4 $1,281.0 $1,281.0 $2.15 $27.52 $22.53 $26.99 5.3% $0.6862
2013
1 $ 4,437.2 $ 308.6 $ 308.6 $0.51 $25.38 $21.36 $25.27 $ 0
2 4,593.6 324.6 324.6 0.54 26.39 23.99 25.42 0
3 4,521.3 232.4 232.4 0.39 27.55 24.86 27.23 0
4 4,618.8 299.8 299.8 0.50 28.54 25.81 27.27 1.4929
$18,170.9 $1,165.4 $1,165.4 $1.93 $28.54 $21.36 $27.27 30.9% $1.4929
1Prices are as reported on the consolidated transaction reporting system. Progressive’s common shares are listed on the New York Stock
Exchange under the symbol PGR.
2Prior to the April 1, 2015 acquisition of a controlling interest in ARX, net income attributable to Progressive was equivalent to net income.
3Based on net income attributable to Progressive. The sum may not equal the total because the average equivalent shares differ in the quarterly
and annual periods.
4Represents annual rate of return, assuming dividend reinvestment.
5Progressive maintains an annual variable dividend policy under which a dividend is typically declared each December and paid early the following
year. In addition to the annual variable dividend, in December 2013, Progressive’s Board declared a special cash dividend of $1.00 per common
share. The December 2013 special dividend was paid in February 2014.
App.-A-87