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Cincinnati Financial Corp - $CINF STOCK NEWS

Welcome to our dedicated page for Cincinnati Financial news (Ticker: $CINF), a resource for investors and traders seeking the latest updates and insights on Cincinnati Financial stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cincinnati Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cincinnati Financial's position in the market.

Rhea-AI Summary

Cincinnati Financial (CINF) declared an 81-cents-per-share regular quarterly cash dividend at a recent board meeting. The dividend will be paid on July 15, 2024, to shareholders of record as of June 18, 2024. The company reaffirmed its commitment to profitable growth in the insurance business and returning capital to shareholders through dividends.

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0.38%
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Cincinnati Financial held its annual meeting where shareholders elected all directors for one-year terms. Shareholders approved various resolutions, including executive compensation, stock plan, and auditor selection. The new board includes experienced members and committee assignments were announced.

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Cincinnati Financial (Nasdaq: CINF) reported impressive first-quarter 2024 results with a net income of $755 million, a 93% increase in non-GAAP operating income, and a $530 million increase in net income compared to the same period last year. The company also saw a 5.9% value creation ratio for the first three months of 2024.
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Cincinnati Financial (CINF) will release its Q1 2024 results on April 25, 2024, followed by a conference call on April 26. Investors can access the call webcast on www.cinfin.com/investors.
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Cincinnati Financial (CINF) announces the internet availability of materials for its 2024 Annual Meeting of Shareholders, including the 2023 Annual Report on Form 10-K. The meeting will take place on May 4, 2024, with online viewing options for shareholders. Shareholders will receive voting instructions by mail or email, with most encouraged to opt for online reading to reduce costs and environmental impact.
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0.62%
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Cincinnati Financial Corporation (CINF) reported a significant increase in net income for the fourth quarter of 2023, with a net income of $1.183 billion, or $7.50 per share, compared to $1.013 billion, or $6.41 per share, in the same period of 2022. The full-year 2023 net income was $1.843 billion, or $11.66 per share, a substantial improvement from a net loss of $487 million, or $3.06 per share, in 2022. The company also saw a 78% increase in fourth-quarter 2023 non-GAAP operating income to $359 million, or $2.28 per share, and a 42% increase in full-year 2023 non-GAAP operating income to $952 million, or $6.03 per share. Additionally, there was a $77.06 book value per share at December 31, 2023, up $9.85 since year-end 2022, and a 19.5% value creation ratio for full-year 2023, compared with negative 14.6% for 2022. These financial highlights reflect a strong performance by Cincinnati Financial Corporation in 2023.
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Cincinnati Financial Corporation (CINF) announced the transition of President Stephen M. Spray to the role of CEO, with Steven J. Johnston remaining as executive chairman. Two new director seats were added, with Peter Wu and Steve Spray appointed. Wu brings over 30 years of insurance industry knowledge and consulting experience, while Spray has been with Cincinnati since 1991 and holds executive oversight of various areas within the company. Both Wu and Spray will stand for reelection at the company's Annual Meeting of Shareholders on May 4.
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Cincinnati Financial Corporation (CINF) announced an 8% increase in their regular quarterly cash dividend, from 75 cents to 81 cents per share. The dividend is payable on April 15, 2024, to shareholders of record as of March 19, 2024. The company's chairman and CEO, Steven J. Johnston, expressed optimism for the ongoing success of their agency-centered strategy and highlighted a 63-year track record of consistent dividend increases, positioning the company for continued success.
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Cincinnati Financial Corporation (CINF) will host a live internet broadcast to discuss its fourth-quarter and full-year 2023 results on February 7, 2024, at 11 a.m. ET. The company will release its results on February 6, after the close of regular trading on the Nasdaq Stock Market.
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Cincinnati Financial Corporation (Nasdaq: CINF) Declares 75-Cents-Per-Share Quarterly Cash Dividend
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Cincinnati Financial Corp

Nasdaq:CINF

CINF Rankings

CINF Stock Data

18.38B
153.58M
1.54%
66.18%
1.34%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
FAIRFIELD

About CINF

the cincinnati insurance company, operating since 1950, stands among the nation's top 25 property casualty insurer groups based on net written premiums. the group markets business, home and auto insurance products through a select group of independent insurance agencies in 39 states. the cincinnati life insurance company subsidiary actively markets life and disability income insurance and annuities in all states except new york. • empowered field representatives work from their homes in the same communities as those agents and the policyholders we serve. • field representatives provide local services including marketing support, claims service with a human touch, loss control advice and boiler inspections. • associates at our fairfield, ohio, headquarters support these field representatives with managerial, administrative, underwriting and technical expertise. other available careers include finance, technology, law, human resources and customer service. subscribe to our blog at: http: