Cincinnati Financial (CINF) Declares $0.50 Special Dividend; 0.7% Yield
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Cincinnati Financial Corporation Declares Regular Quarterly and Special Cash Dividend
November 17, 2017 1:26 PM ESTCINCINNATI, Nov. 17, 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. The dividend is payable January 16, 2018, to shareholders of record as of December 20, 2017.
The board of directors also declared a 50-cents-per-share special cash dividend, in addition to the regular quarterly dividend. The special dividend is payable December 15, 2017, to shareholders of record as of December 1, 2017, and represents an aggregate amount of approximately $82 million.Â
Earlier in November, the company repurchased approximately 300,000 shares of... More
