Cincinnati Financial Corp. Recognized for Commitment to Dividend Growth
Cincinnati Financial Corp. (Symbol: CINF) has earned a spot on the prestigious Dividend Channel “S.A.F.E. 25” list. This designation highlights stocks that offer above-average DividendRank metrics, marked by a robust 2.3% yield and a remarkable track record of two decades in dividend growth, as noted in the latest DividendRank report.
As per the ETF Finder at ETF Channel, Cincinnati Financial Corp. is part of the iShares S&P 1500 Index ETF (ITOT) and constitutes 1.20% of the SPDR S&P Dividend ETF (SDY), which holds $256,487,616 of CINF shares.
Cincinnati Financial’s inclusion in the “Dividend Channel S.A.F.E. 25” list is attributed to several key attributes: Solid return — a generous yield along with notable DividendRank stats; Accelerating amount — ongoing increases in dividends over the years; Flawless history — a perfect record of never missing or reducing dividends; Enduring — maintaining dividend payments for over twenty years.
The company currently pays an annualized dividend of $3.24 per share, distributed quarterly, with the most recent ex-dividend date being September 17, 2024. Below is a long-term dividend history chart for CINF, which is highlighted as crucial by the report.
CINF operates within the Insurance Brokers sector, alongside notable companies such as Progressive Corp. (PGR) and Chubb Ltd (CB).
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
