Three studies investigated the effects of two fundamental dimensions of social perception on emotional contagion (i.e., the transfer of emotions between people). Rooting our hypotheses in the Dual Perspective Model of Agency and Communion (Abele and Wojciszke in Adv Exp Soc Psychol 50:198–255, 10.1016/B978-0-12-800284-1.00004-7, 2014), we predicted that agency would strengthen the effects of communion on emotional contagion and emotional mimicry (a process often considered a key mechanism behind emotional contagion). To test this hypothesis, we exposed participants to happy, sad, and angry senders characterized by low vs. high communion and agency. Our results demonstrated that, as expected, the effects of the two dimensions on socially induced emotions were interactive. The strength and direction of these effects, however, were consistent with our predictions only when the senders expressed happiness. When the senders expressed sadness, we found no effects of agency or communion on participants’ emotional responses, whereas for anger a mixed pattern emerged. Overall, our results align with the notion that emotional contagion and mimicry are modulated not only by the senders’ traits but also by the social meaning of the expressed emotion.