Cincinnati Financial (CINF) Declares $0.46 Special Dividend; 0.8% Yield

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Cincinnati Financial Corporation Declares Regular Quarterly and Special Cash Dividend

November 20, 2015 1:45 PM EST

CINCINNATI, Nov. 20, 2015 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that, at today's regular meeting, the board of directors declared a 46-cents-per-share regular quarterly cash dividend. The dividend is payable January 15, 2016, to shareholders of record as of December 16, 2015.

The board of directors also declared a 46-cents-per-share special cash dividend, in addition to the regular quarterly dividend. The special dividend is payable December 15, 2015, to shareholders of record as of December 3, 2015, and represents an aggregate amount of approximately $75 million.

Steven J. Johnston, president and chief executive officer, commented, "The company continues to... More