American Financial Group (AFG) Dividend History & Yield
American Financial Group (AFG) has increased its dividend for multiple years and currently yields 5.08%. The most recent dividend was $0.8800/share on Apr 24, 2026, paid Quarterly.
Current Yield
5.08%
TTM Dividend/Share
$6.94
Payment Frequency
Quarterly
Payout Ratio
65.8%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
-22.80%
Div Growth (5Y CAGR)
13.59%
Div Growth (10Y CAGR)
13.62%
AFG: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
18.7%
FCF payout ratio
12.6%
Net debt / EBITDA
0.4x
Interest coverage
13.27x
ROIC (TTM)
14.2%
Dividend Safety Score
4 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 65.8%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($16.68) covers dividend/share ($6.94).
No dividend cuts in 10+ years
23 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 12.6%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 0.4x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (13.6%) exceeds EPS growth (-29.2%) — payout ratio expanding.
Per-payment dividend history
Ex-date Apr 15, 2026
- Payment date
- Apr 24, 2026
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
Ex-date Feb 13, 2026
- Payment date
- Feb 25, 2026
- Dividend
- $1.5000
- Adj. dividend
- $1.5000
Ex-date Jan 15, 2026
- Payment date
- Jan 27, 2026
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
Ex-date Nov 17, 2025
- Payment date
- Nov 26, 2025
- Dividend
- $2.0000
- Adj. dividend
- $2.0000
Ex-date Oct 15, 2025
- Payment date
- Oct 24, 2025
- Dividend
- $0.8800
- Adj. dividend
- $0.8800
Ex-date Jul 15, 2025
- Payment date
- Jul 25, 2025
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Apr 15, 2025
- Payment date
- Apr 25, 2025
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Mar 17, 2025
- Payment date
- Mar 28, 2025
- Dividend
- $2.0000
- Adj. dividend
- $2.0000
Ex-date Jan 14, 2025
- Payment date
- Jan 24, 2025
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Nov 15, 2024
- Payment date
- Nov 26, 2024
- Dividend
- $4.0000
- Adj. dividend
- $4.0000
Ex-date Oct 15, 2024
- Payment date
- Oct 25, 2024
- Dividend
- $0.8000
- Adj. dividend
- $0.8000
Ex-date Jul 15, 2024
- Payment date
- Jul 25, 2024
- Dividend
- $0.7100
- Adj. dividend
- $0.7100
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| Apr 15, 2026 | Apr 24, 2026 | $0.8800 | $0.8800 |
| Feb 13, 2026 | Feb 25, 2026 | $1.5000 | $1.5000 |
| Jan 15, 2026 | Jan 27, 2026 | $0.8800 | $0.8800 |
| Nov 17, 2025 | Nov 26, 2025 | $2.0000 | $2.0000 |
| Oct 15, 2025 | Oct 24, 2025 | $0.8800 | $0.8800 |
| Jul 15, 2025 | Jul 25, 2025 | $0.8000 | $0.8000 |
| Apr 15, 2025 | Apr 25, 2025 | $0.8000 | $0.8000 |
| Mar 17, 2025 | Mar 28, 2025 | $2.0000 | $2.0000 |
| Jan 14, 2025 | Jan 24, 2025 | $0.8000 | $0.8000 |
| Nov 15, 2024 | Nov 26, 2024 | $4.0000 | $4.0000 |
| Oct 15, 2024 | Oct 25, 2024 | $0.8000 | $0.8000 |
| Jul 15, 2024 | Jul 25, 2024 | $0.7100 | $0.7100 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 20 year-over-year increases across 37 calendar years of data (1989–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $7.2800 | — | — |
| 2025 | $9.4300 | $7.2800 | -22.8% |
| 2024 | $8.1000 | $9.4300 | +16.4% |
| 2023 | $14.3100 | $8.1000 | -43.4% |
| 2022 | $28.0600 | $14.3100 | -49.0% |
| 2021 | $3.8500 | $28.0600 | +628.8% |
| 2020 | $4.9500 | $3.8500 | -22.2% |
| 2019 | $4.4500 | $4.9500 | +11.2% |
| 2018 | $4.7875 | $4.4500 | -7.0% |
| 2017 | $2.1525 | $4.7875 | +122.4% |
| 2016 | $2.0300 | $2.1525 | +6.0% |
| 2015 | $1.9100 | $2.0300 | +6.3% |
| 2014 | $1.8050 | $1.9100 | +5.8% |
| 2013 | $0.9700 | $1.8050 | +86.1% |
| 2012 | $0.6625 | $0.9700 | +46.4% |
| 2011 | $0.5750 | $0.6625 | +15.2% |
| 2010 | $0.5200 | $0.5750 | +10.6% |
| 2009 | $0.5000 | $0.5200 | +4.0% |
| 2008 | $0.4000 | $0.5000 | +25.0% |
| 2007 | $0.3667 | $0.4000 | +9.1% |
| 2006 | $0.3333 | $0.3667 | +10.0% |
| 2005 | $0.3333 | $0.3333 | 0.0% |
| 2004 | $0.3333 | $0.3333 | 0.0% |
| 2003 | $0.3333 | $0.3333 | 0.0% |
| 2002 | $0.6667 | $0.3333 | -50.0% |
| 2001 | $0.6667 | $0.6667 | 0.0% |
| 2000 | $0.6667 | $0.6667 | 0.0% |
| 1999 | $0.6667 | $0.6667 | 0.0% |
| 1998 | $0.6667 | $0.6667 | 0.0% |
| 1997 | $0.6667 | $0.6667 | 0.0% |
| 1996 | $0.5000 | $0.6667 | +33.3% |
| 1995 | $0.7733 | $0.5000 | -35.3% |
| 1994 | $0.5667 | $0.7733 | +36.5% |
| 1993 | $1.5400 | $0.5667 | -63.2% |
| 1992 | $0.4733 | $1.5400 | +225.4% |
| 1991 | $0.3533 | $0.4733 | +34.0% |
| 1990 | $0.2800 | $0.3533 | +26.2% |
| 1989 | — | $0.2800 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for American Financial Group (AFG) from the consolidated cash flow statement, in USD as filed.
Latest period
$571.00M
YoY change
-23.1%
5Y CAGR
+12.7%
Peak year (2021)
$2.37B
Latest annual
$606.00M
Cash dividends paid over time for American Financial Group (AFG)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for American Financial Group (AFG)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $606.00M | -23.1% | -$182.00M | ||
| 2024 | $788.00M | +15.2% | +$104.00M | ||
| 2023 | $684.00M | -43.6% | -$529.00M | ||
| 2022 | $1.21B | -48.9% | -$1.16B | ||
| 2021 | $2.37B | +610.8% | +$2.04B | ||
| 2020 | $334.00M | -24.8% | -$110.00M | ||
| 2019 | $444.00M | +12.7% | +$50.00M | ||
| 2018 | $394.00M | -5.5% | -$23.00M | ||
| 2017 | $417.00M | +125.4% | +$232.00M | ||
| 2016 | $185.00M | +5.1% | +$9.00M | ||
| 2015 | $176.00M | +5.4% | +$9.00M | ||
| 2014 | $167.00M | +4.4% | +$7.00M | ||
| 2013 | $160.00M | +77.8% | +$70.00M | ||
| 2012 | $90.00M | +34.3% | +$23.00M | ||
| 2011 | $67.00M | +6.3% | +$4.00M | ||
| 2010 | $63.00M | +5.2% | +$3.10M | ||
| 2009 | $59.90M | +18.1% | +$9.20M | ||
| 2008 | $50.70M | +21.0% | +$8.80M | ||
| 2007 | $41.90M | +9.7% | +$3.70M | ||
| 2006 | $38.20M | +15.4% | +$5.10M | ||
| 2005 | $33.10M | -5.8% | -$2.02M | ||
| 2004 | $35.13M | +12.1% | +$3.79M | ||
| 2003 | $31.34M | +12.6% | +$3.50M | ||
| 2002 | $27.83M | -57.9% | -$38.23M | ||
| 2001 | $66.07M | +24.9% | +$13.18M | ||
| 2000 | $52.89M | -11.2% | -$6.65M | ||
| 1999 | $59.53M | -2.1% | -$1.26M | ||
| 1998 | $60.79M | +2.6% | +$1.51M | ||
| 1997 | $59.27M | -1.9% | -$1.13M | ||
| 1996 | $60.40M | +122.1% | +$33.20M | ||
| 1995 | $27.20M | -33.0% | -$13.40M | ||
| 1994 | $40.60M | +6.3% | +$2.40M | ||
| 1993 | $38.20M | +3.8% | +$1.40M | ||
| 1992 | $36.80M | +13.9% | +$4.50M | ||
| 1991 | $32.30M | +10.6% | +$3.10M | ||
| 1990 | $29.20M | +5.4% | +$1.50M | ||
| 1989 | $27.70M | — | +$27.70M | ||
| 1988 | $0 | — | $0 | ||
| 1987 | $0 | — | $0 | ||
| 1986 | $0 | — | $0 | ||
| 1985 | $0 | — | $0 | ||
| 1984 | $0 | — | $0 | ||
| 1983 | $0 | — | — |
American Financial Group (AFG) most recent annual dividends paid stands at $606.00M (2025) – declined 23.1% year-over-year.
American Financial Group dividends paid has recorded the values shown across consecutive periods, with a +12.7% compound annual growth rate over 2020–2025 (5 years).
American Financial Group dividends paid peaked at $2.37B in 2021; the latest annual figure is $606.00M in 2025 (74.5% below peak).
The highest annual dividends paid of $2.37B was reported in 2021. The lowest in the available history was $0 in 1983.
Among 8 Financial Services peers, American Financial Group (AFG) ranks 8th; the peer median for dividends paid is $5.36B.
American Financial Group Dividends Paid 2025: $606.00M
American Financial Group dividends paid in 2025 was $606.00M, declined 23.1% below 2024.
American Financial Group Dividends Paid 2024: $788.00M
American Financial Group dividends paid in 2024 was $788.00M, grew 15.2% from 2023.
American Financial Group Dividends Paid 2023: $684.00M
American Financial Group dividends paid in 2023 was $684.00M, plunged 43.6% below 2022.
American Financial Group Dividends Paid 2022: $1.21B
American Financial Group dividends paid in 2022 was $1.21B, plunged 48.9% below 2021.
American Financial Group Dividends Paid 2021: $2.37B
American Financial Group dividends paid in 2021 was $2.37B.
See more financial history for American Financial Group (AFG).
Sector peers by dividends paid
Companies in the same sector as American Financial Group, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| JPMorgan Chase (JPM) | $16.63B | Financial Services |
| Bank of America (BAC) | $9.56B | Financial Services |
| Morgan Stanley (MS) | $6.59B | Financial Services |
| Wells Fargo (WFC) | $5.43B | Financial Services |
| Goldman Sachs (GS) | $5.28B | Financial Services |
| Visa (V) | $4.63B | Financial Services |
| Mastercard (MA) | $2.76B | Financial Services |
| Berkshire Hathaway (BRK-B) | $0 | Financial Services |
Frequently asked questions
Does American Financial Group pay dividends?
Yes, American Financial Group (AFG) pays quarterly dividends of approximately $6.94 per share annually, yielding 5.08%.
What is American Financial Group's dividend yield?
American Financial Group (AFG) has a current dividend yield of 5.08%.
Is American Financial Group's dividend safe?
American Financial Group (AFG) passes 4 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has American Financial Group increased its dividend?
American Financial Group (AFG) has 0 consecutive years of dividend increases.
What is American Financial Group's dividend payout ratio?
American Financial Group (AFG) has a dividend payout ratio of 65.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is American Financial Group's dividends paid?
Latest reported dividends paid for American Financial Group (AFG) is $571.00M (period ending March 31, 2026).
How has American Financial Group dividends paid changed year-over-year?
American Financial Group (AFG) dividends paid changed -23.1% year-over-year on the latest annual filing.
What is the long-term growth rate of American Financial Group dividends paid?
American Financial Group (AFG) dividends paid compound annual growth rate is +12.7% over the most recent 5 years available.
When did American Financial Group dividends paid hit its highest annual value?
American Financial Group dividends paid reached its highest annual value of $2.37B in 2021.
What was American Financial Group dividends paid in 2024?
American Financial Group (AFG) dividends paid in 2024 was $788.00M.
What was American Financial Group dividends paid in 2025?
American Financial Group (AFG) dividends paid in 2025 was $606.00M.
Explore more
AFG Overview
Company profile, financial tools, and key metrics
AFG Revenue Counter
Earns $258.47 every second. See per minute, hour, and day.
AFG Earnings Counter
Earns $27.87 per second net profit. See per minute, hour, and day.
AFG Economic Scale
Exceeds Barbados's GDP. Compare with world economies.
AFG What If Invested
What if you had invested $1,000? See historical returns from any date.
AFG How It Makes Money
Discover visual breakdown of $8.15B in revenue — where it comes from and where it goes.
AFG Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
AFG Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
AFG Daily Price Character
Balanced · 47.5% historical win rate (green days). Streaks & record days.
AFG Buybacks
0.95% TTM buyback yield. Shareholder yield & SBC comparison.
AFG Stock Split History
3 splits on record. Dates, ratios, and cumulative multiple.
AFG Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
AFG Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
AFG Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
AFG Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.
