Cincinnati Financial a Top Ranked SAFE Dividend Stock With 2.8% Yield (CINF)

Cincinnati Financial Corp. (NASDAQ:CINF) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.8% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.

According to the ETF Finder at ETF Channel, Cincinnati Financial Corp. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.09% of the SPDR S&P Dividend ETF (SDY), which holds $220,988,290 worth of CINF shares.

Cincinnati Financial Corp. (NASDAQ:CINF) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.

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The annualized dividend paid by Cincinnati Financial Corp. is $3.24/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 03/18/2024. Below is a long-term dividend history chart for CINF, which the report stressed as being of key importance.

CINF operates in the Insurance Brokers sector, among companies like Progressive Corp. (PGR), and Chubb Ltd (CB).