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Erie Indemnity hikes quarterly dividend

Erie Indemnity Co.'s board increased the company's regular quarterly cash dividend to 96.5 cents from 90 cents on each class A share and to $144.75 from $135 on each class B share.

The dividends will be paid Jan. 22, 2020, to shareholders of record as of Jan. 7, 2020, with a dividend ex-date of Jan. 6, 2020.