State Auto Financial Declares 121st 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 September 27, 2021, to shareholders recorded by September 15, 2021. This marks the 121st consecutive quarterly cash dividend since STFC's IPO in 1991.

State Auto Financial Corporation, based in Columbus, Ohio, operates as a super regional property and casualty insurance holding company, traded on the NASDAQ Global Select Market.

Positive

• Quarterly cash dividend of $0.10 per share reflects financial stability.
• 121 consecutive quarterly cash dividends indicate consistent shareholder returns.

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 Sept. 27, 2021, to shareholders of record at the close of business on Sept. 15, 2021. This is the 121st 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210813005338/en/

FAQ

What is the amount of the recent dividend declared by State Auto Financial Corporation?

State Auto Financial Corporation declared a quarterly cash dividend of $0.10 per share.

When will the dividend be paid to shareholders of STFC?

The dividend will be paid on September 27, 2021.

What is the record date for shareholders to receive the STFC dividend?

The record date for the dividend is September 15, 2021.

How many consecutive quarterly dividends has State Auto Financial Corporation declared?

State Auto Financial Corporation has declared 121 consecutive quarterly cash dividends since its IPO.