Cincinnati Financial's most recent quarterly dividend payment of $0.69 per share was made to shareholders on record before Sep 15, 2022. The payout stands at $2.7 per share annually, which works out to a dividend yield of 2.79%.
Cincinnati Financial's dividend yield of 2.79% is above its peers average but below the Financial Services sector and the industry average. But compared to its Financial Services sector average of 2.81%, Cincinnati Financial's dividend yield is only 0.7% lower. The historical 5-year average of CINF's dividend yield is 2.5%, which is below the current yield.
Cincinnati Financial has been paying dividends for the last 28 years. According to our data CINF has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 8% for the last year. And since the stock price has gone down by 16% from a year ago, the dividend yield has increased by 29%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 15, 2022 | Oct 14, 2022 | Aug 19, 2022 | $0.69 | normal |
| Jun 16, 2022 | Jul 15, 2022 | $0.69 | normal | |
| Mar 17, 2022 | Apr 15, 2022 | Jan 28, 2022 | $0.69 | normal |
| Dec 15, 2021 | Jan 14, 2022 | Nov 19, 2021 | $0.63 | normal |
| Sep 15, 2021 | Oct 15, 2021 | Aug 20, 2021 | $0.63 | normal |
| Jun 16, 2021 | Jul 15, 2021 | May 8, 2021 | $0.63 | normal |
| Mar 16, 2021 | Apr 15, 2021 | Jan 29, 2021 | $0.63 | normal |
| Dec 15, 2020 | Jan 15, 2021 | Nov 13, 2020 | $0.6 | normal |
| Sep 15, 2020 | Oct 15, 2020 | Aug 14, 2020 | $0.6 | normal |
| Jun 16, 2020 | Jul 15, 2020 | May 2, 2020 | $0.6 | normal |
| Mar 17, 2020 | Apr 15, 2020 | Jan 31, 2020 | $0.6 | normal |
| Dec 18, 2019 | Jan 15, 2020 | Nov 15, 2019 | $0.56 | normal |
| Sep 17, 2019 | Oct 15, 2019 | Aug 9, 2019 | $0.56 | normal |
| Jun 18, 2019 | Jul 15, 2019 | Apr 27, 2019 | $0.56 | normal |
| Mar 19, 2019 | Apr 15, 2019 | Feb 1, 2019 | $0.56 | normal |
| Dec 18, 2018 | Jan 15, 2019 | Nov 16, 2018 | $0.53 | normal |
| Sep 18, 2018 | Oct 15, 2018 | Aug 10, 2018 | $0.53 | normal |
| Jun 19, 2018 | Jul 16, 2018 | May 5, 2018 | $0.53 | normal |
| Mar 20, 2018 | Apr 16, 2018 | Jan 26, 2018 | $0.53 | normal |
| Dec 19, 2017 | Jan 16, 2018 | Nov 17, 2017 | $0.5 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 17, 2017 | $0.5 | special |
| Sep 21, 2017 | Oct 16, 2017 | Aug 18, 2017 | $0.5 | normal |
| Jun 19, 2017 | Jul 14, 2017 | May 6, 2017 | $0.5 | normal |
| Mar 20, 2017 | Apr 14, 2017 | Jan 27, 2017 | $0.5 | normal |
| Dec 19, 2016 | Jan 17, 2017 | Nov 18, 2016 | $0.48 | normal |
| Sep 19, 2016 | Oct 14, 2016 | Aug 12, 2016 | $0.48 | normal |
| Jun 20, 2016 | Jul 15, 2016 | May 2, 2016 | $0.48 | normal |
| Mar 21, 2016 | Apr 15, 2016 | Jan 29, 2016 | $0.48 | normal |
| Dec 14, 2015 | Jan 15, 2016 | Nov 20, 2015 | $0.46 | normal |
| Dec 1, 2015 | Dec 15, 2015 | Nov 20, 2015 | $0.46 | normal |
| Sep 14, 2015 | Oct 15, 2015 | Aug 14, 2015 | $0.46 | normal |
Cincinnati Financial's payout ratio of 81.3% is above the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 30.1%, Cincinnati Financial's payout ratio is 170% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CINF Cincinnati Financial Corp | 2.79% | $2.7 | 81.3% |
| TRV Travelers Companies Inc | 2.25% | $3.62 | 24.9% |
| UFCS United Fire Group Inc | 2.07% | $0.62 | 23.6% |
| ERIE Erie Indemnity Co | 1.88% | $4.44 | 70.3% |
| AFG American Financial Group Inc | 1.73% | $2.24 | 18.4% |
| CB Chubb Ltd | 1.71% | $3.26 | 19.5% |
| SIGI Selective Insurance Group Inc | 1.32% | $1.12 | 26% |
| HCC Warrior Met Coal Inc | 0.73% | $0.23 | 1.9% |
Yes, Cincinnati Financial has been paying dividends for the last 28 years.
CINF hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in December 2022.
Cincinnati Financial's last regular dividend was on Sep 15, 2022 (ex-date) with the amount of $0.69 per share.
CINF's annualized dividend per share is $2.7.
Currently Cincinnati Financial's dividend yield is 2.79%.
Cincinnati Financial has a quarterly dividend frequency.
Cincinnati Financial's dividend payout ratio is 81.3%.
Cincinnati Financial's dividend yield is similar to the Financial Services sector average.