CINCINNATI , Aug. 23, 2024 /PRNewswire/ -- Cincinnati Financial Corporation (Nasdaq: CINF) announced that at today's regular meeting, the board of directors declared an 81-cents -per-share regular quarterly cash dividend. The dividend is payable October 15, 2024 , to shareholders of record as of September 17, 2024 .
Stephen M. Spray , president and chief executive officer, commented, "The payment of this dividend in October will complete 64 years of increasing annual cash dividends, an achievement that we believe only seven other public companies in the U.S.
can claim. The confidence we have in our capital strength and in our ability to achieve industry-leading operating performance through our insurance business bolsters our belief that we'll continue to generate shareholder value through stock price appreciation and dividend payments far into the future." About Cincinnati Financial Cincinnati Financial Corporation offers primarily business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty companies.
The same local independent insurance agencies that market those policies may offer products of our other subsidiaries, including life insurance, fixed annuities and surplus lines property and casualty insurance. For additional information about the company, please visit cinfin.com .
Mailing Address: Street Address: P.O. Box 145496 6200 South Gilmore Road Cincinnati, Ohio 45250-5496 Fairfield, Ohio 45014-5141 Safe Harbor Statement This is our "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995.
Our business is subject to certain risks and uncertainties that may cause actual results to differ materially from those suggested by the forward-looking statements in this report. Some of those risks and uncertainties are discussed in our 2023 Annual Report on Form 10-K, Item 1A, Risk Factors, Page 30. Factors that could cause or contribute to such differences include, but are not limited to: Further, our insurance businesses are subject to the effects of changing social, global, economic and regulatory environments.
Public and regulatory initiatives have included efforts to adversely influence and restrict premium rates, restrict the ability to cancel policies, impose underwriting standards and expand overall regulation. We also are subject to public and regulatory initiatives that can affect the market value for our common stock, such as measures affecting corporate financial reporting and governance. The ultimate changes and eventual effects, if any, of these initiatives are uncertain.
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