Cincinnati Financial (CINF) Declares $0.60 Quarterly Dividend; 4% Yield
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Cincinnati Financial (NASDAQ: CINF) declared a quarterly dividend of $0.60 per share, or $2.4 annualized.
The dividend will be payable on July 15, 2020, to stockholders of record on June 17, 2020, with an ex-dividend date of June 16, 2020.
The annual yield on the dividend is 4 percent.
Steven J. Johnston, chairman, president and chief executive officer, commented: "During this time of economic uncertainty, providing dividend income to our shareholders offers stability. We have the capital to continue to support our dividend as well as the profitable growth of our insurance business, rewarding shareholders in both the near and long term. That capital, combined with the depth of our relationships with outstanding independent agents and the talent of our capable, hard-working associates, bolsters the board's confidence in the company's future prospects."
For a dividend history and other dividend-related data on Cincinnati Financial (CINF) click here.
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