Is Progressive a Great Dividend Stock?
As an auto insurance specialist, Progressive (NYSE: PGR) hasn't been hit as hard by the COVID-19 pandemic as others in the industry, particularly health and life insurers. Its year-to-date returns of 27% through the close of trading Monday blow away the average insurance stock, which is down about 17% this year.
But as great as that's been for shareholders, income investors have another question: What about its dividend? Is Progressive a great dividend stock?
Source Fool.com
