February 1, 2019

Cincinnati Financial Corporation Increases Quarterly Dividend $CINF



  • Cincinnati Financial (NASDAQ:CINF) declares $0.56/share quarterly dividend, 5.7% increase from prior dividend of $0.53.
  • Forward yield 2.77%
  • Payable April 15; for shareholders of record March 20; ex-div March 19.



Cincinnati Financial Corporation (Nasdaq: CINF) announced that, at today's regular meeting, the board of directors declared a 56-cents-per-share regular quarterly cash dividend, increasing from the previous 53-cents-per-share dividend paid on January 15, 2019. The dividend is payable April 15, 2019, to shareholders of record as of March 20, 2019.

Steven J. Johnston, president and chief executive officer, commented: "Over the past 58 years, Cincinnati Financial shareholders have benefited from increasing dividends, and this action sets the stage for a 59th consecutive year.

"This increase also demonstrates the board's confidence that our operating strategy will allow us to continue rewarding shareholders into the future. The key to our success lies with the relationships we build with premier independent agents across the country and in our talented associates who deliver the service, products and technology those agents need."

For more information, visit www.cinfin.com


According to the list of U.S. Dividend Champions, Cincinnati Financial Corporation is a Dividend Champions. CINF has a 58-year dividend raising streak.

Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
4.3
3.5
2.7
2.2




Dividend Yield Chart:



Cincinnati Financial Corp stock dividend yield is close to 10-year low.


Payout Ratio:



This is the historical payout ratio of Cincinnati Financial Corp. If payout ratio is close to or higher than 100%, dividends might not be sustainable.


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