5 Cheapest Dividend Aristocrats Right Now

4. Cincinnati Financial Corporation (NASDAQ:CINF)

P/E Ratio as of January 29: 10.6

Cincinnati Financial Corporation (NASDAQ:CINF) is an American company that primarily operates in the property and casualty insurance sector. The company provides a range of insurance products for both personal and commercial clients. On January 26, the company declared an 8% hike in its quarterly dividend to $0.81 per share. This marked the company’s 63rd consecutive year of dividend growth, which makes CINF one of the best dividend aristocrat stocks on our list. The stock’s dividend yield came in at 2.69%, as of January 29.

At the end of Q3 2023, 31 hedge funds held stakes in Cincinnati Financial Corporation (NASDAQ:CINF), up from 26 a quarter earlier, as per Insider Monkey’s database. The overall value of these stakes is nearly $420 million.

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