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American Financial Group, Inc. Declares Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
American Financial Group (NYSE: AFG) has declared a quarterly dividend of $0.63 per share, which will be paid on October 25, 2022, to stockholders on record as of October 14, 2022. This dividend marks a 12.5% increase from the previous annual rate established in Q4 2021. The company, headquartered in Cincinnati, Ohio, primarily engages in property and casualty insurance through its subsidiary, Great American Insurance Group.
Positive
Declared a quarterly dividend of $0.63 per share.
12.5% increase in dividend reflects company growth and shareholder value.
Negative
None.
CINCINNATI--(BUSINESS WIRE)--
American Financial Group, Inc. (NYSE: AFG) announced that it has declared a regular dividend of $0.63 per share of American Financial Group Common Stock. The dividend is payable on October 25, 2022 to holders of record on October 14, 2022. This dividend reflects a previously announced 12.5% increase over the annual rate in effect since the fourth quarter of 2021.
American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.