Brendel Financial Advisors Boosts Stake in Cincinnati Financial Corporation (CINF) by Over Sevenfold

Cincinnati Financial Corporation (NASDAQ:CINF) is among the best safe stocks to buy now. According to the latest filing with the SEC, Brendel Financial Advisors LLC raised its position in Cincinnati Financial Corporation (NASDAQ:CINF) by 729.8% in the second quarter. After acquiring 21,114 shares of the company’s stock, the institutional advisor owns 24,007 shares, which translates to an ownership of about 2.0%.

Just recently, Insurer Financial Strength ratings of Cincinnati Financial Corporation (NASDAQ:CINF) were raised by Fitch Ratings to ’AA-’ from ’A+’. Not only this, the credit rating agency also upgraded Issuer Default Rating to ’A+’ from ’A’ and senior unsecured notes to ’A’ from ’A-’. This points to one thing: the company’s stability is clear to all.

Is Cincinnati Financial Corporation (CINF) the Best Dividend King to Buy for Safe Dividend Growth?

This improved outlook underscores the company’s enhanced capitalization and stable underwriting excellence, supported by a robust profile. The agency also noted that Cincinnati Financial Corporation (NASDAQ:CINF) maintains an equity holding that is nearly twice the industry average.

Cincinnati Financial Corporation (NASDAQ:CINF) is an Ohio-based company that offers property casualty insurance products. Incorporated in 1950, the company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments.

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