Cincinnati Financial dividend calculator – Cincinnati Financial: A Dividend King That Is Now A Buyer’s Market!

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Investors looking for a reliable and consistent dividend income should consider adding Cincinnati Financial ($NASDAQ:CINF), one of the longest-running Dividend Kings, to their portfolios. Cincinnati Financial Corporation (CINF) is a diversified property and casualty holding company that provides insurance products for businesses, individuals, and families.

Dividends – Cincinnati Financial dividend calculator

CINCINNATI FINANCIAL has been issuing annual dividends per share for the last three years, with 2.94 USD in 2021, 2.76 USD in 2022 and 2.52 USD in 2023. This dividend yields from 2021 to 2023 are 2.78%, 2.44%, 2.25%, with an average dividend yield of 2.49%. This makes it a great option for those who are interested in dividend stocks.

In addition, the current market presents a buyer’s market as the stock is trading at a discounted price. Therefore, CINCINNATI FINANCIAL may be worth considering for those looking for a dividend-producing stock with potential for future capital appreciation.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Cincinnati Financial. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Cincinnati Financial. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Cincinnati Financial. More…

Key Ratios Snapshot

Some of the financial key ratios for Cincinnati Financial are shown below. More…

Market Price

On Tuesday, CINCINNATI FINANCIAL stock opened at $101.9 and closed at $102.6, up by 0.7% from last closing price of 101.8. This makes CINCINNATI FINANCIAL an attractive choice for investors right now, since it is trading at a discount to its historical price and is still able to pay out dividends. The company’s strong financials and low debt-to-equity ratio also support this thesis, making it an attractive buy for investors looking for strong dividend yield with low risk. Live Quote…

Analysis – Cincinnati Financial Intrinsic Value Calculation

GoodWhale has conducted a detailed analysis of CINCINNATI FINANCIAL’s financials and has determined that the intrinsic value of CINCINNATI FINANCIAL’s share is around $130.3, calculated using our proprietary Valuation Line. According to our analysis, CINCINNATI FINANCIAL’s stock is currently trading at $102.6, which is undervalued by 21.2%. Therefore, we believe that the stock is an attractive investment and offers good potential for return. More…

Peers

Cincinnati Financial Corp, Mercury General Corp, United Fire Group Inc, and FedNat Holding Co are all insurance companies. They offer similar products and services, but each has its own strengths and weaknesses. Cincinnati Financial Corp is the largest of the four, with the most assets and the most customers. Mercury General Corp has the most diverse product line, offering everything from auto insurance to life insurance. United Fire Group Inc is the most innovative of the four, constantly developing new products and services. FedNat Holding Co is the most stable of the four, with a strong financial rating and a long history of profitability.

– Mercury General Corp ($NYSE:MCY)

Mercury General Corporation is an insurance holding company that, through its subsidiaries, provides personal automobile insurance in the United States. The company operates through four segments: Personal Auto, Commercial Auto, Other Business, and Investment.

Mercury General’s market cap has declined significantly over the past few years, from over $5 billion in 2015 to just over $1.6 billion as of 2022. The company’s return on equity has also been negative in recent years, reaching -16.66% in 2021.

The company has struggled in recent years due to a combination of factors, including increased competition, higher claims costs, and lower investment returns. Mercury General has taken steps to improve its financial performance, including reducing expenses and increasing its focus on higher-margin business segments. However, it remains to be seen whether these efforts will be enough to turn the company around in the long term.

– United Fire Group Inc ($NASDAQ:UFCS)

United Fire Group, Inc., through its subsidiaries, provides insurance protection in the property and casualty market for individuals, families, and businesses worldwide. The company operates in three segments: Property and Casualty, Reinsurance, and Life. The Property and Casualty segment offers commercial and personal lines of property and casualty insurance products, including automobile, homeowners, workers’ compensation, general liability, commercial multi-peril, and commercial automobile insurance products; and reinsurance products. The Reinsurance segment provides property and casualty reinsurance products. The Life segment offers life insurance and annuity products. United Fire Group, Inc. was founded in 1834 and is headquartered in Cedar Rapids, Iowa.

– FedNat Holding Co ($NASDAQ:FNHC)

Founded in 1934, Federated National Holding Company is a provider of personal and commercial property and casualty insurance products in the United States. The company operates through the following segments: Personal Lines, Commercial Lines, and Specialty Lines. Federated National Holding Company offers its products through a network of independent agents and brokers.

Summary

Cincinnati Financial is a company that has a long history of paying out dividends and is now seen by many as a worthwhile investment option. The company has also been profitable over the last few quarters, indicating financial strength despite the current economic downturn. However, the overall outlook for Cincinnati Financial is seen as relatively positive, making it an attractive investment option for long-term dividend seekers.