Cincinnati Financial (CINF) Declares $0.48 Quarterly Dividend; Chairman Stecher to Retire

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Cincinnati Financial Corporation Declares Regular Quarterly Cash Dividend

August 12, 2016 3:35 PM EDT

CINCINNATI, Aug. 12, 2016 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that, at today's regular meeting, the board of directors declared a 48-cents-per-share regular quarterly cash dividend. The dividend is payable October 14, 2016, to shareholders of record as of September 21, 2016.

Steven J. Johnston, president and chief executive officer, commented, "The dividend just declared matches the one paid in July, setting the stage for our 56th year of increasing annual cash dividends. Cincinnati Financial's capital strength and ongoing strong operating performance support regular dividends, rewarding shareholders now while furthering excellent prospects for long-term shareholder... More