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Erie Indemnity Approves Management Fee Rate and Dividend Increase, Declares Regular Dividends
ERIEErie Indemnity(ERIE) Prnewswire·2024-12-12 21:05

ERIE, Pa., Dec. 12, 2024 /PRNewswire/ -- At its regular meeting held Dec. 10, 2024, the Board of Directors of Erie Indemnity Company (NASDAQ: ERIE) set the management fee rate charged to Erie Insurance Exchange, approved an increase in shareholder dividends and declared the regular quarterly dividend. Erie Indemnity Company has paid regular shareholder dividends since 1933.The Board agreed to maintain the current management fee rate paid to Erie Indemnity Company by Erie Insurance Exchange at 25 percent, ef ...