Track your holdings and dividends manually for free. Subscribe to link your brokerage through Plaid and automatically sync holdings and dividend payments.
Data last updated: Nov 05, 2026
Snapshot (as of Nov 05, 2026): American Financial Group, Inc. (AFG) pays a $0.00 annual dividend, yielding 2.54% at $154.77/share. Next ex-dividend date 2026-10-15. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 2.54%
Annual Dividend: $0.00 per share
Payout Ratio: 30.1%
Ex-Dividend Date: 2026-10-15
Dividend Frequency: quarterly
Sector: Financial Services
Years of Dividend History: 40
American Financial Group, Inc. dividend history spans 40 years, backed by a specialty property and casualty insurer covering everything from trucking liability to trade credit insurance. AFG currently yields 2.53%, with trailing twelve-month payments of $3.52 per share paid quarterly. The next ex-dividend date is October 15, 2026, with the last declared amount at $0.97 per share. A beta of 0.577 makes this a lower-volatility financial stock, which suits dividend investors who prioritize steadier price behavior over maximum income.
American Financial Group, Inc. pays out 30.1% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout leaves substantial room to sustain the dividend even if underwriting results in its specialty casualty and financial insurance lines soften. American Financial Group, Inc. dividend safety is further supported by the breadth of its product mix, spanning property and transportation, excess and surplus lines, and risk management programs for lenders, which diversifies the earnings base. The main pressure point is the insurance cycle itself: a hard claims environment or large loss event could compress earnings and narrow that coverage cushion.
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 window (2026 is a partial year and excluded from the CAGR calculation). The largest annual increase in the window was 466.9% in 2021, which reflects the outsized special dividend activity in that year rather than a sustained step-up in the regular payout. The data also contains at least one year-over-year decline exceeding 5%, so the growth path has not been linear.
| 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 low-payout, moderate-yield insurer with a history of large periodic dividend events rather than a predictable annual raise. The current yield of 2.53% sits above the 5-year average of 2.06%, so income buyers are getting more yield than the stock has historically offered. The trade-off is zero consecutive years of dividend increases, meaning AFG does not offer the mechanical annual raise that streak-focused investors seek. What the stock does offer is a conservative 30.1% payout ratio and a specialty insurance business with a wide product range, which keeps the moderate (2-4%) yield well covered at current earnings levels.
| Payment Date | Amount per Share |
|---|---|
| 2026-10-15 | $0.9700 |
| 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 |
| Year | Total Dividends |
|---|---|
| 2026 | $5.1100 |
| 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.