The free dividend tracker to help you grow your wealth. Link your brokerage accounts and MerryDiv automatically syncs your holdings and dividends.
Data last updated: Sep 21, 2026
Snapshot (as of Sep 21, 2026): American Financial Group, Inc. (AFG) pays a $7.02 annual dividend ($1.75 quarterly), yielding 4.93% at $142.31/share. Next ex-dividend date 2026-07-15. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 4.93%
Annual Dividend: $7.02 per share
Payout Ratio: 60.4%
Ex-Dividend Date: 2026-07-15
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 40
American Financial Group, Inc. dividend income comes from one of the oldest specialty property and casualty insurers in the United States, founded in 1872 and headquartered in Cincinnati, Ohio. AFG currently pays a 4.93% dividend yield, with a trailing annual rate of $7.02 per share paid quarterly. The next ex-dividend date is July 15, 2026, with the last quarterly payment of $0.88 per share. A beta of 0.6 makes this stock less volatile than the broader market, which appeals to income investors who prioritize price steadiness alongside yield.
American Financial Group, Inc. pays out 60.4% of earnings as dividends, a payout ratio classified as elevated (60–75%). That level is not alarming on its own, given AFG's broad product portfolio spanning excess and surplus lines, specialty casualty, fidelity and surety bonds, and trade credit insurance across the United States. American Financial Group, Inc. dividend safety is worth watching, however, because the dividend history shows at least one year-over-year decline exceeding 5% within the available window, which means the payout has not been immune to pressure in the past.
American Financial Group, Inc. dividend history shows a CAGR of 20.4% per year from 2007 to 2024. Per-share payments grew from $0.40 to $9.43 over that span (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 466.9% in 2021, which reflects the outsized special dividend activity that has shaped AFG's history rather than a steady annual raise pattern.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | -20.2% | $14.31 (2022) | $7.28 (2025) |
| 5-Year | +13.6% | $3.85 (2020) | $7.28 (2025) |
| 10-Year | +13.6% | $2.03 (2015) | $7.28 (2025) |
AFG fits dividend investors who want a high current yield from a specialty insurer with a long operating history. The yield classification is high (above 4%), but the current 4.93% sits well below the 5-year average yield of 9.44%, which reflects how much of AFG's historical yield came from large special dividends rather than the recurring quarterly rate alone. The payout ratio of 60.4% supports the current payment level, but the absence of a consecutive-increase streak means income investors accept variability in exchange for yield. What this stock offers is meaningful current income from a diversified specialty insurance business. What it does not offer is the predictable annual raise that strict dividend-growth investors typically seek.
| Payment Date | Amount per Share |
|---|---|
| 2026-07-15 | $0.8800 |
| 2026-04-15 | $0.8800 |
| 2026-02-13 | $1.5000 |
| 2026-01-15 | $0.8800 |
| 2025-11-17 | $2.0000 |
| 2025-10-15 | $0.8800 |
| 2025-07-15 | $0.8000 |
| 2025-04-15 | $0.8000 |
| 2025-03-17 | $2.0000 |
| 2025-01-14 | $0.8000 |
| Year | Total Dividends |
|---|---|
| 2026 | $4.1400 |
| 2025 | $7.2800 |
| 2024 | $9.4300 |
| 2023 | $8.1000 |
| 2022 | $14.3100 |
Project income from AFG with the AFG dividend calculator or track your full portfolio with the dividend tracker.