Cincinnati Financial (CINF) Raises Quarterly Dividend 4.2% to $0.50; 2.8% Yield
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Cincinnati Financial Corporation Increases Regular Quarterly Cash Dividend
January 27, 2017 2:45 PM ESTCINCINNATI, Jan. 27, 2017 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that, at today's regular meeting, the board of directors declared a 50-cents-per-share regular quarterly cash dividend, increasing from the previous 48-cents-per-share dividend paid on January 17, 2017. The dividend is payable April 14, 2017, to shareholders of record as of March 22, 2017.
Steven J. Johnston, president and chief executive officer, commented, "Cincinnati Financial shareholders have consistently benefited from increased dividends in each of the past 56 years, and this board action lays the foundation for a 57th year.
"The company's strong capital... More
