American Financial Group (NYSE: AFG) declares $1.50 one-time special dividend

Rhea-AI Filing Summary

American Financial Group, Inc. reported that it has released its financial results for the fourth quarter of 2025 and the full year ended December 31, 2025 through a press release and an Investor Supplement available on its website. These materials, attached as exhibits, provide detailed operating and financial information for the period.

In the same announcement, the Board of Directors declared a special, one-time cash dividend of $1.50 per share on the company’s common stock. This dividend will be paid on February 25, 2026 to shareholders who are on record as of February 16, 2026, providing an additional cash return beyond any regular dividends.

Insights

Equity income and capital allocation analyst

AFG pairs its 2025 results disclosure with a one-time $1.50 cash dividend.

American Financial Group is using this event-driven report to distribute its detailed fourth-quarter and full-year 2025 results via an earnings release and an Investor Supplement. These documents, furnished as exhibits, should outline segment performance, profitability, and other key operating metrics for the year.

The notable capital allocation move is the Board’s declaration of a $1.50 per-share special, one-time cash dividend on common stock. A special dividend typically signals that management believes current capital levels permit a discrete return of cash, separate from ongoing dividend policy, although exact balance sheet effects are not quantified here.

The dividend will be paid on February 25, 2026 to shareholders of record on February 16, 2026. This record date and payment date define which holders receive the payout and when the cash is delivered, while the furnished earnings materials provide the financial backdrop for this decision.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 3, 2026

AMERICAN FINANCIAL GROUP, INC.

(Exact name of registrant as specified in its charter)

Ohio		1-13653		31-1544320
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)
301 East Fourth Street, Cincinnati, OH				45202
(Address of principal executive offices)				(Zip Code)

Registrant’s telephone number, including area code: 513-579-2121

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		AFG		New York Stock Exchange
5.875% Subordinated Debentures due March 30, 2059		AFGB		New York Stock Exchange
5.125% Subordinated Debentures due December 15, 2059		AFGC		New York Stock Exchange
5.625% Subordinated Debentures due June 1, 2060		AFGD		New York Stock Exchange
4.5% Subordinated Debentures due September 15, 2060		AFGE		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Section 2 – Financial Information

Item 2.02 Results Of Operations And Financial Condition.

Reference is made to the press release of American Financial Group, Inc. (the “Company”) relating to the announcement of the Company’s results of operations for the fourth quarter of 2025 and the year ended December 31, 2025 and the availability of the Investor Supplement on the Company’s website. The press release was issued on February 3, 2026. A copy of the press release is furnished as Exhibit 99.1 and a copy of the Investor Supplement is furnished as Exhibit 99.2 and are incorporated herein by reference.

Section 8 – Other Events

Item 8.01 Other Events.

In the press release referenced in Item 2.02 above, the Company also announced that its Board of Directors declared a special, one-time cash dividend of $1.50 per share of Company Common Stock. The dividend is payable on February 25, 2026 to holders of record on February 16, 2026.

The information under Item 2.02 and in Exhibits 99.1 and 99.2 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 as amended (the “Exchange Act), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(a) Financial statements of business acquired. Not applicable.

(b) Pro forma financial information. Not applicable.

(c) Shell company transactions. Not applicable

(d) Exhibits.

Exhibit No.		Description
99.1		Earnings Release dated February 3, 2026, reporting American Financial Group Inc. results for the fourth quarter and full year results for the period ended December 31, 2025.
99.2		Investor Supplement – Fourth Quarter 2025
104		Cover page Interactive Date File (embedded within Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

				AMERICAN FINANCIAL GROUP, INC.
Date: February 4, 2026				By:		/s/ Joseph C. Alter
						Joseph C. Alter
						Vice President

FAQ

What did American Financial Group (AFG) announce about its 2025 financial results?

American Financial Group announced its results of operations for the fourth quarter of 2025 and the full year ended December 31, 2025. The details are provided in an earnings press release and an Investor Supplement, which offer more comprehensive financial and operating information for that period.

What special dividend did American Financial Group (AFG) declare?

American Financial Group’s Board of Directors declared a special, one-time cash dividend of $1.50 per share of common stock. This dividend is separate from any regular dividends and represents an additional cash distribution to shareholders based on their holdings of AFG common shares.

When will AFG’s $1.50 special dividend be paid and who qualifies?

The $1.50 per-share special cash dividend will be payable on February 25, 2026. Shareholders who are holders of record of American Financial Group common stock on February 16, 2026 will be entitled to receive this one-time distribution from the company.

Where can investors find AFG’s detailed fourth-quarter 2025 financial information?

Investors can find detailed fourth-quarter 2025 and full-year 2025 financial information in American Financial Group’s earnings press release and its Investor Supplement. These documents are available on the company’s website and are also referenced as Exhibits 99.1 and 99.2, respectively.

How are AFG’s earnings materials treated for securities law purposes?

The information in Item 2.02 and Exhibits 99.1 and 99.2 is being furnished, not filed, under U.S. securities laws. This means it is not subject to liability under Section 18 of the Exchange Act and is not automatically incorporated into other Securities Act or Exchange Act filings.

What exhibits accompanied American Financial Group’s 2025 results announcement?

The announcement included three exhibits: Exhibit 99.1 is the earnings release reporting fourth-quarter and full-year 2025 results, Exhibit 99.2 is the Investor Supplement for the fourth quarter of 2025, and Exhibit 104 is the cover page interactive data file embedded in the Inline XBRL document.