State Auto Financial Declares 119th Consecutive Quarterly Dividend

Rhea-AI Summary

The board of directors of State Auto Financial Corporation (NASDAQ:STFC) has declared a quarterly cash dividend of $0.10 per share, payable on March 26, 2021, to shareholders of record as of March 17, 2021. This marks the 119th consecutive quarterly dividend since STFC's IPO in 1991. Headquartered in Columbus, Ohio, State Auto Financial Corporation operates as a property and casualty insurance holding company, providing services across the United States through independent agencies. The company holds an A- (Excellent) rating from A.M. Best.

Positive

• Declaration of $0.10 per share dividend, enhancing shareholder income.
• 119 consecutive quarterly dividends demonstrate strong financial stability.

Negative

• None.

Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable March 26, 2021, to shareholders of record at the close of business on March 17, 2021. This is the 119th consecutive quarterly cash dividend declared by the company's board since STFC had its initial public offering of common stock in 1991.

About State Auto Financial Corporation

State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies.

The insurance subsidiaries of State Auto Financial Corporation are part of the State Auto Group. The State Auto Group markets its insurance products throughout the United States, through independent insurance agencies, which include retail agencies and wholesale brokers. The State Auto Group is rated A- (Excellent) by the A.M. Best Company and includes State Automobile Mutual, State Auto Property & Casualty, State Auto Ohio, State Auto Wisconsin, Milbank, Meridian Security, Patrons Mutual, Rockhill Insurance, Plaza Insurance, American Compensation and Bloomington Compensation. Additional information on State Auto Financial Corporation and the State Auto Insurance Companies can be found online at http://www.StateAuto.com/STFC.

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FAQ

What is the dividend amount for STFC in March 2021?

State Auto Financial Corporation declared a dividend of $0.10 per share in March 2021.

When will the dividend for STFC be paid?

The dividend will be paid on March 26, 2021.

What is the record date for STFC's March 2021 dividend?

The record date for the dividend is March 17, 2021.

How many consecutive quarterly dividends has STFC declared?

STFC has declared 119 consecutive quarterly dividends since its IPO.

What is the A.M. Best rating of State Auto Financial Corporation?

State Auto Financial Corporation holds an A- (Excellent) rating from A.M. Best.