American Financial Group hikes dividend by 12.7% to $0.71 quarterly

On October 2, 2023, American Financial Group, Inc. (AFG) declared a new quarterly dividend of $0.71 per share, up 12.7% from the previous quarterly payment. This marks 18 consecutive years of increased dividends by the insurer known for its regular special dividend payments. 

The next AFG dividend is payable on October 25, 2023, to holders of record on October 13, 2023. The dividend yield for AFG is 2.52% at a stock price of $112.49. The next ex-dividend date will be October 12, 2023.

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. American Financial Group has paid an uninterrupted dividend to its shareholders every year since at least 1986.