Erie Indemnity's 36-Year Dividend Streak Highlights Operating Consistency Amid Cyclical Sector

Erie Indemnity Company reported Q3 revenue of $1.06 billion, up 6.0% YoY, driven by higher management fees and investment income. The company has a long dividend record, having raised its dividend for 36 consecutive years, despite operating in a cyclical sector. Its ability to recover from downturns and maintain payouts is a key factor in its consistency.