American Financial Group (AFG) hikes dividend by 10.2%
American Financial Group (AFG) announced a 10.2% dividend increase to $0.97 per share quarterly on October 1, 2026. The latest hike extends the insurer's dividend growth streak to 21 consecutive years, with double-digit increases recorded in each of the past seven years.
The new quarterly payout brings American Financial Group's annualized regular dividend to $3.88 per share. At a share price of $138.08, AFG offers a regular dividend yield of approximately 2.8%. The ex-dividend date is October 15, 2026.
American Financial Group is a member of the Dividend Heroes, having maintained a long record of annual dividend increases. The latest 10.2% hike follows increases of 10.0% in 2025, 12.7% in both 2024 and 2023, and 12.5% in 2022.
In addition to its regular quarterly dividend, AFG has an established history of distributing special dividends. The company paid a $1.50 per share special dividend in February 2026, following total special dividend distributions of $4.00 per share in 2025.
AFG has regularly paid at least two special dividends annually in recent years. Based on this historical pattern, we expect another special dividend in the fourth quarter of 2026, potentially announced in November. This remains an editorial expectation rather than a company-announced distribution.
Including the $1.50 special dividend already paid in February, AFG's announced 2026 dividend distributions amount to at least $5.38 per share on a full-year annualized regular-dividend basis. Actual distributions for the calendar year will depend on payment dates and any additional special dividends.
American Financial Group shares have gained 5.5% year-to-date, with the stock trading at $138.08 and the company's market capitalization standing at approximately $11.4 billion.
American Financial Group is an insurance holding company based in Cincinnati, Ohio, primarily engaged in specialty property and casualty insurance through its Great American Insurance Group operations.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.