Cincinnati Financial dividend yield – Cincinnati Financial Corp Announces 0.75 Cash Dividend.
June 12, 2023
🌥️Dividends Yield
On June 3, 2023, Cincinnati Financial ($BER:CCJ) Corp announced a 0.75 cash dividend. This is great news for those looking for reliable dividend stocks, as Cincinnati Financial Corp has proven to be a reliable dividend stock with an impressive dividend yield over the last few years. In 2021, the company paid a dividend of 2.82 USD per share with a corresponding dividend yield of 2.68%. The dividend payout for 2022 was slightly lower at 2.76 USD per share and a yield of 2.58%.
The dividend payout for 2023 is 2.52 USD per share with a yield of 2.67%, making the average yield for 2021-2023 2.64%. The ex-dividend date for the upcoming dividend pay-out is June 15, 2023. Investors who purchase the stock before this date are eligible for the dividend payout.
Market Price
The stock opened at €94.0 and closed at the same price, representing a 4.2% increase from the previous closing price of 90.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cincinnati Financial. More…
| Total Revenues | Net Income | Net Margin |
| 7.58k | 5 | 0.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cincinnati Financial. More…
| Operations | Investing | Financing |
| 2.1k | -1.13k | -1k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cincinnati Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 30.47k | 19.73k | 68.33 |
Key Ratios Snapshot
Some of the financial key ratios for Cincinnati Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.2% | – | -0.3% |
| FCF Margin | ROE | ROA |
| 27.6% | -0.1% | -0.0% |
Analysis – Cincinnati Financial Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of CINCINNATI FINANCIAL‘s wellbeing. Our proprietary Valuation Line has determined that the fair value of CINCINNATI FINANCIAL share is approximately €92.5. Currently, CINCINNATI FINANCIAL stock is traded at €94.0, which is a fair price, but overvalued by 1.6%. More…
Summary
Investing in CINCINNATI FINANCIAL could be a smart move as it offers decent dividend yields over the past three years. With an average dividend yield of 2.64%, it is a reliable choice for those looking for regular cash flow. Ultimately, investors could benefit from investing in CINCINNATI FINANCIAL if they are looking for steady returns and reliable income streams.
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