Why Dividend Investors Value Cincinnati Financial Corporation (CINF) in Volatile Markets

Cincinnati Financial Corporation (NASDAQ:CINF) is included among the 10 Cash-Rich Dividend Stocks to Buy Right Now.

Why Dividend Investors Value Cincinnati Financial Corporation (CINF) in Volatile Markets

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Cincinnati Financial Corporation (NASDAQ:CINF) boasts a hundred-year history in the US insurance business with property and casualty coverage provided through a vast network of independent agents. It also markets excess and surplus coverage for unusual or high-exposure risks, plus life insurance products. The agent-based business model of the company is one of its strengths, with close relationships between local agencies and policyholders that foster loyalty and result in consistent, long-term growth.

Cincinnati Financial Corp. (NASDAQ:CINF)’s new strategy has been centered on four main areas: building relationships with independent agents, expanding and diversifying its commercial, personal, specialty, and life insurance lines, conservative management of its investment portfolio, and staying well capitalized.

Cincinnati Financial Corporation (NASDAQ:CINF) maintains one of the longest dividend growth histories in the market, spanning 64 years, which makes it one of the best cash-rich stocks. It offers a quarterly dividend of $0.87 per share with a dividend yield of 2.22%, as of September 27.

While we acknowledge the potential of CINF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CINF and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.