Progressive Reports December Results and Annual Dividend Amount

On December 9, 2011, the Board of Directors declared an annual variable dividend to be paid on February 3, 2012, to shareholders of record at the close of business on January 26, 2012 (ex-dividend date of January 24, 2012). The amount of the dividend is $.4072 per common share, or an estimated $249.6 million in the aggregate, and is reflected in our 2011 financial statements.
Progressive is scheduled to hold a one-hour conference call to address questions on Thursday, March 1, 2012, at 9:00 a.m., eastern time, subsequent to the posting of our 2011 Shareholders' Report online and the filing of our 2011 Annual Report on Form 10-K with the SEC.... Read more

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