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State Farm Is Sending $5 Billion in Dividend Payments to Customers
When will customers get their dividend payments?
The payments began going out on July 31. State Farm has not indicated when they will stop.
“Millions of customers have already received their individual dividend payments, with more on the way,” State Farm announced when the payments began.
Customers will be notified by State Farm regarding their pending payments “beginning late summer of 2026,” the company’s website states, adding that dividend payments are being sent out “in waves by state where the policy is assigned.”
Over 7.2 million checks have been mailed since payments began, with another 3.8 million set to go out this week, a State Farm spokesperson told CBS News in an email.
How much could eligible customers get paid?
The dividend payments average $100 per vehicle, according to State Farm.
The amount an eligible customer receives will vary based on a couple of factors, however. The payment a customer gets will be based on a percentage of the premiums they paid, and that percentage ranges from 4% to 10% depending on the customer’s state.
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