State Auto Financial Declares 122nd Consecutive Quarterly Dividend

Rhea-AI Summary

State Auto Financial Corporation (STFC) has declared a quarterly cash dividend of $0.10 per share, payable on December 28, 2021, to shareholders of record as of December 15, 2021. This marks the 122nd consecutive quarterly dividend since STFC's IPO in 1991. Headquartered in Columbus, Ohio, STFC operates as a super regional property and casualty insurance holding company and is part of the A.M. Best rated A- (Excellent) State Auto Group.

Positive

• Quarterly cash dividend of $0.10 per share enhances shareholder income.
• 122nd consecutive quarterly dividend reflects company stability.

Negative

• None.

COLUMBUS, Ohio--(BUSINESS WIRE)-- Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable Dec. 28, 2021, to shareholders of record at the close of business on Dec. 15, 2021. This is the 122nd 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/20211112005775/en/

Investor contact: Natalie Schoolcraft, Natalie.Schoolcraft@StateAuto.com, 614.917.4341

Media contact: Kyle Anderson, Kyle.Anderson@StateAuto.com, 614.917.5497

Source: State Auto Financial Corporation

FAQ

What is the dividend amount declared by STFC?

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

When will the STFC dividend be paid?

The STFC dividend will be paid on December 28, 2021.

What is the record date for STFC's dividend?

The record date for STFC's dividend is December 15, 2021.

How many consecutive quarterly dividends has STFC declared?

STFC has declared 122 consecutive quarterly dividends since its IPO.