Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. It also provides director and officer liability insurance, contract and commercial surety bonds, and fidelity bonds; and machinery and equipment coverage. The Personal Lines Insurance segment offers personal auto insurance; homeowner insurance; and dwelling fire, inland marine, personal umbrella liability, and watercraft coverages to individuals. The Excess and Surplus Lines Insurance segment offers commercial casualty insurance that covers businesses for third-party liability from accidents occurring on their premises or arising out of their operations, such as injuries sustained from products; and commercial property insurance, which insures buildings, inventory, equipment, and business income from loss or damage due to various causes, such as fire, wind, hail, water, theft, and vandalism. The Life Insurance segment provides term life insurance products; universal life insurance products; worksite products, such as term life; and whole life insurance products. The Investments segment invests in fixed-maturity investments, including taxable and tax-exempt bonds, and redeemable preferred stocks; and equity investments comprising common and nonredeemable preferred stocks. The company also offers commercial leasing and financing services; and insurance brokerage services. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.
Cincinnati Financial Dividend Announcement
• Cincinnati Financial announced a quarterly dividend of $0.81 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-17
• Cincinnati Financial annual dividend for 2024 was $2.43
• Cincinnati Financial annual dividend for 2023 was $3.00
• Cincinnati Financial's trailing twelve-month (TTM) dividend yield is 2.68%
• Cincinnati Financial's payout ratio for the trailing twelve months (TTM) is 15.67%
• Cincinnati Financial's dividend growth over the last five years (2018-2023) was 7.19% year
• Cincinnati Financial's dividend growth over the last ten years (2013-2023) was 6.13% year
Cincinnati Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-17 | $0.81 | quarterly | 2024-10-15 |
2024-06-18 | $0.81 | quarterly | 2024-07-15 |
2024-03-18 | $0.81 | quarterly | 2024-04-15 |
2023-12-18 | $0.75 | quarterly | 2024-01-16 |
2023-09-15 | $0.75 | quarterly | 2023-10-16 |
2023-06-15 | $0.75 | quarterly | 2023-07-14 |
2023-03-16 | $0.75 | quarterly | 2023-04-14 |
2022-12-15 | $0.60 | quarterly | 2023-01-13 |
2022-09-15 | $0.69 | quarterly | 2022-10-14 |
2022-06-16 | $0.69 | quarterly | 2022-07-15 |
2022-03-17 | $0.69 | quarterly | 2022-04-15 |
2021-12-15 | $0.63 | quarterly | 2022-01-14 |
2021-09-15 | $0.63 | quarterly | 2021-10-15 |
2021-06-16 | $0.63 | quarterly | 2021-07-15 |
2021-03-16 | $0.63 | quarterly | 2021-04-15 |
2020-12-15 | $0.60 | quarterly | 2021-01-15 |
2020-09-15 | $0.60 | quarterly | 2020-10-15 |
2020-06-16 | $0.60 | quarterly | 2020-07-15 |
2020-03-17 | $0.60 | quarterly | 2020-04-15 |
2019-12-18 | $0.56 | quarterly | 2020-01-15 |
2019-09-17 | $0.56 | quarterly | 2019-10-15 |
2019-06-18 | $0.56 | quarterly | 2019-07-15 |
2019-03-19 | $0.56 | quarterly | 2019-04-15 |
2018-12-18 | $0.53 | quarterly | 2019-01-15 |
2018-09-18 | $0.53 | quarterly | 2018-10-15 |
2018-06-19 | $0.53 | quarterly | 2018-07-16 |
2018-03-20 | $0.53 | quarterly | 2018-04-16 |
2017-12-19 | $0.50 | quarterly | 2018-01-16 |
2017-11-30 | $0.50 | quarterly | 2017-12-15 |
2017-09-21 | $0.50 | quarterly | 2017-10-16 |
2017-06-19 | $0.50 | quarterly | 2017-07-14 |
2017-03-20 | $0.50 | quarterly | 2017-04-14 |
2016-12-19 | $0.48 | quarterly | 2017-01-17 |
2016-09-19 | $0.48 | quarterly | 2016-10-14 |
2016-06-20 | $0.48 | quarterly | 2016-07-15 |
2016-03-21 | $0.48 | quarterly | 2016-04-15 |
2015-12-14 | $0.46 | quarterly | 2016-01-15 |
2015-12-01 | $0.46 | quarterly | 2015-12-15 |
2015-09-14 | $0.46 | quarterly | 2015-10-15 |
2015-06-15 | $0.46 | quarterly | 2015-07-15 |
2015-03-16 | $0.46 | quarterly | 2015-04-15 |
2014-12-15 | $0.44 | quarterly | 2015-01-15 |
2014-09-15 | $0.44 | quarterly | 2014-10-15 |
2014-06-16 | $0.44 | quarterly | 2014-07-15 |
2014-03-17 | $0.44 | quarterly | 2014-04-15 |
2013-12-16 | $0.42 | quarterly | 2014-01-15 |
2013-09-16 | $0.42 | quarterly | 2013-10-15 |
2013-06-17 | $0.41 | quarterly | 2013-07-15 |
2013-03-18 | $0.41 | quarterly | 2013-04-15 |
Cincinnati Financial Dividend per year
Cincinnati Financial Dividend growth
Cincinnati Financial Dividend Yield
Cincinnati Financial current trailing twelve-month (TTM) dividend yield is 2.68%. Interested in purchasing Cincinnati Financial stock? Use our calculator to estimate your expected dividend yield:
Cincinnati Financial Financial Ratios
Cincinnati Financial Dividend FAQ
Other factors to consider when evaluating Cincinnati Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Cincinnati Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Cincinnati Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Cincinnati Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Cincinnati Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Cincinnati Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Cincinnati Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Cincinnati Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Cincinnati Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Cincinnati Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.