Cincinnati Financial's most recent quarterly dividend payment of $0.81 per share was made to shareholders on record before Mar 18, 2024. The payout stands at $3.06 per share annually, which works out to a dividend yield of 2.55%. The latest CINF stock dividend of $0.81 is an increase from the previous $0.75 distribution, representing a growth of 8%.
Cincinnati Financial's dividend yield of 2.55% is above the industry and its peers average but below the Financial Services sector average. Compared to its Financial Services sector average of 3.36%, Cincinnati Financial's dividend yield is 24% lower. The historical 5-year average of CINF's dividend yield is 2.5%, which is similar to the current yield.
Cincinnati Financial has been paying dividends for the last 30 years. According to our data CINF has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 9% for the last year. However since the stock price has gone up by 14% from a year ago, the dividend yield has decreased by 4.5%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 18, 2024 | Apr 15, 2024 | Jan 26, 2024 | $0.81 | normal |
| Dec 18, 2023 | Jan 16, 2024 | Nov 17, 2023 | $0.75 | normal |
| Sep 15, 2023 | Oct 16, 2023 | Aug 25, 2023 | $0.75 | normal |
| Jun 15, 2023 | Jul 14, 2023 | May 8, 2023 | $0.75 | normal |
| Mar 16, 2023 | Apr 14, 2023 | Jan 27, 2023 | $0.75 | normal |
| Dec 15, 2022 | Jan 13, 2023 | Nov 18, 2022 | $0.69 | normal |
| 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 26.1% is below the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 39.6%, Cincinnati Financial's payout ratio is 34% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UFCS United Fire Group Inc | 2.82% | $0.64 | N/A |
| CINF Cincinnati Financial Corp | 2.55% | $3.06 | 26.1% |
| AFG American Financial Group Inc | 2.13% | $2.76 | 27.4% |
| TRV Travelers Companies Inc | 1.87% | $4 | 29.4% |
| CB Chubb Ltd | 1.42% | $3.44 | 15.7% |
| ERIE Erie Indemnity Co | 1.29% | $4.93 | 51.5% |
| SIGI Selective Insurance Group Inc | 1.26% | $1.3 | 22.1% |
| HCC Warrior Met Coal Inc | 0.44% | $0.29 | 3.1% |
Yes, Cincinnati Financial has been paying dividends for the last 30 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 June 2024.
Cincinnati Financial's last regular dividend was on Mar 18, 2024 (ex-date) with the amount of $0.81 per share.
CINF's annualized dividend per share is $3.06.
Currently Cincinnati Financial's dividend yield is 2.55%.
Cincinnati Financial has a quarterly dividend frequency.
Cincinnati Financial's dividend payout ratio is 26.1%.
Cincinnati Financial's dividend yield is below the Financial Services sector average.