Current Yield
5.24%
TTM Dividend/Share
$6.94
Payment Frequency
Quarterly
Payout Ratio
65.8%
Consecutive Growth Years
0
Key takeaways
- American Financial Group (AFG) currently yields 5.24%, paying $6.94 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 65.8% — the share of earnings distributed as dividends.
- 4 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 13.59% (growth is decelerating).
Dividend yield valuation for American Financial Group (AFG)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Below average — potentially overvalued |
Current yield (now) | 5.24% |
1-year average yield | 5.29%now 0.05 pp below |
3-year average yield | 6.31%now 1.07 pp below |
5-year average yield | 9.93%now 4.69 pp below |
AFG: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for American Financial Group (AFG)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 18.8% |
FCF payout ratio | 12.6% |
Net debt / EBITDA | 0.4x |
Interest coverage | 13.27x |
ROIC (TTM) | 14.2% |
Dividend safety score for American Financial Group (AFG)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
4 of 8 checks passed
Payout ratio below 75%
Payout ratio is 65.8%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $1.0B — FCF fully covers the payout.
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.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
182 payments from 1986 to 2026 · Adj. Dividend is split-adjusted
| 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 |
- Apr 15, 2026$0.8800
- Feb 13, 2026$1.5000
- Jan 15, 2026$0.8800
- Nov 17, 2025$2.0000
- Oct 15, 2025$0.8800
- Jul 15, 2025$0.8000
- Apr 15, 2025$0.8000
- Mar 17, 2025$2.0000
- Jan 14, 2025$0.8000
- Nov 15, 2024$4.0000
- Oct 15, 2024$0.8000
- Jul 15, 2024$0.7100
Historical dividend yield for American Financial Group (AFG)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 5.29%5Y: 9.93%10Y: 7.01%
Dividend per share for American Financial Group (AFG)
CAGR (per year)1Y: -22.80%5Y: 13.59%10Y: 13.62%↓ Decelerating
| Year | Total ($/share) | Payments |
|---|---|---|
| 1986 | $0.02 | 1 |
| 1987 | $2.85 | 2 |
| 1988 | $0.07 | 1 |
| 1989 | $0.28 | 4 |
| 1990 | $0.35 | 4 |
| 1991 | $0.47 | 4 |
| 1992 | $1.54 | 5 |
| 1993 | $0.57 | 4 |
| 1994 | $0.77 | 5 |
| 1995 | $0.50 | 3 |
| 1996 | $0.67 | 4 |
| 1997 | $0.67 | 4 |
| 1998 | $0.67 | 4 |
| 1999 | $0.67 | 4 |
| 2000 | $0.67 | 4 |
| 2001 | $0.67 | 4 |
| 2002 | $0.33 | 4 |
| 2003 | $0.33 | 4 |
| 2004 | $0.33 | 4 |
| 2005 | $0.33 | 4 |
| 2006 | $0.37 | 4 |
| 2007 | $0.40 | 4 |
| 2008 | $0.50 | 4 |
| 2009 | $0.52 | 4 |
| 2010 | $0.57 | 4 |
| 2011 | $0.66 | 4 |
| 2012 | $0.97 | 5 |
| 2013 | $1.80 | 5 |
| 2014 | $1.91 | 5 |
| 2015 | $2.03 | 5 |
| 2016 | $2.15 | 5 |
| 2017 | $4.79 | 6 |
| 2018 | $4.45 | 6 |
| 2019 | $4.95 | 6 |
| 2020 | $3.85 | 5 |
| 2021 | $28.06 | 9 |
| 2022 | $14.31 | 7 |
| 2023 | $8.10 | 6 |
| 2024 | $9.43 | 6 |
| 2025 | $7.28 | 6 |
| 2026 | $3.26 | 3 |
Dividend growth for American Financial Group (AFG)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 20 year-over-year increases across 37 calendar years of data (1989–2025).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 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 | — |
- 2026—
- 2025$7.2800
- 2024$9.4300
- 2023$8.1000
- 2022$14.3100
- 2021$28.0600
- 2020$3.8500
- 2019$4.9500
- 2018$4.4500
- 2017$4.7875
- 2016$2.1525
- 2015$2.0300
- 2014$1.9100
- 2013$1.8050
- 2012$0.9700
- 2011$0.6625
- 2010$0.5750
- 2009$0.5200
- 2008$0.5000
- 2007$0.4000
- 2006$0.3667
- 2005$0.3333
- 2004$0.3333
- 2003$0.3333
- 2002$0.3333
- 2001$0.6667
- 2000$0.6667
- 1999$0.6667
- 1998$0.6667
- 1997$0.6667
- 1996$0.6667
- 1995$0.5000
- 1994$0.7733
- 1993$0.5667
- 1992$1.5400
- 1991$0.4733
- 1990$0.3533
- 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.
Frequently asked questions
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