Cincinnati Financial Corporation's board of directors declared an 87-cents-per-share regular quarterly cash dividend on January 31, 2025. This represents a 7% increase from the previous 81-cents-per-share dividend paid on January 15, 2025. The dividend is payable on April 15, 2025, to shareholders of record as of March 24, 2025.
This dividend increase sets the stage for the company's 65th consecutive year of increasing annual cash dividends, reflecting the board's confidence in the company's financial position. President and CEO Stephen M. Spray emphasized the company's commitment to building financial strength and creating shareholder value.
The company also disclosed that the financial effects of recent California wildfires will have a material impact on earnings for the first quarter of 2025. Management stated that it will take additional time to analyze claim information and provide a meaningful estimate of losses, but affirmed the company's ample capacity to absorb insured losses and pay dividends.
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