Cincinnati Financial Corporation (CINF) stock identified change of 22.96% away from 52-week low price and recently located move of -1.57% off 52-week high price. It has market worth of $13234.74M and dividend yield of 2.60%. CINF stock has been recorded 3.97% away from 50 day moving average and 8.98% away from 200 day moving average. Moving closer, we can see that shares have been trading 4.50% off 20-day moving average.
Cincinnati Financial Corporation (CINF) reported that the board of directors declared a 56-cents-per-share regular quarterly cash dividend, increasing from the previous 53-cents-per-share dividend paid on January 15, 2019. The dividend is payable April 15, 2019, to shareholders of record as of March 20, 2019.
Steven J. Johnston, president and chief executive officer, commented: “Over the past 58 years, Cincinnati Financial shareholders have benefited from increasing dividends, and this action sets the stage for a 59th consecutive year.
“This increase also demonstrates the board’s confidence that our operating strategy will allow us to continue rewarding shareholders into the future. The key to our success lies with the relationships we build with premier independent agents across the country and in our talented associates who deliver the service, products and technology those agents need.”
Cincinnati Financial Corporation offers business, home and auto insurance, our main business, 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.
The Financial sector company, Cincinnati Financial Corporation noticed change of 0.54% to $81.56 along volume of 715665 shares in recent session compared to an average volume of 700.81K. The stock observed return of 2.79% in 5 days trading activity. The stock was at 7.86% over one month performance. CINF’s shares are at 4.07% for the quarter and driving a 6.06% return over the course of the past year and is now at 5.35% since this point in 2018.
The average volatility for the week at 1.73% and for month was at 1.76%. There are 162.27M shares outstanding and 151.81M shares are floated in market. Right now the stock beta is 0.64.
Robert Winter – Category – Hot Stocks
Robert Winter studied a business degree majoring in finance and security analysis. He has a deep understanding of both technical and fundamental forms of analysis, he deeply believes that it makes a lot more sense for average investors to understand fundamental analysis, which he believes anyone can learn. Robert Winter has over 10 years of experience as a professional journalist, writer and an editor. He holds a bachelor’s degree in International Business from University of Melbourne. He writes articles about hot stocks, dividend growth investing, options trading, investment decisions, stock selection, portfolio management, and passive income generation. Robert primarily reports on Hot Stocks category.
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