American financial group, inc. increases annual common stock dividend by 12.7%; eighteenth consecutive year of dividend increases

Cincinnati--(business wire)--american financial group, inc. (nyse: afg) announced that its board of directors has approved an increase in the company's regular annual dividend to $2.84 from $2.52 per share of common stock. the increased dividend, when declared, will be paid on a quarterly basis of $0.71 per share of common stock beginning in october 2023. the new dividend rate is a 12.7% increase over the declared rate. the company has increased its dividend in each of the last eighteen years.
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