American Financial Group (AFG) hikes dividend by 12.7%

19th consecutive year of increases for insurance company

American Financial Group, Inc. (AFG) has announced that its Board of Directors has approved an increase in the company’s regular annual dividend to $3.20 per share, up from $2.84. This new dividend rate, which represents a 12.7% increase, will be distributed quarterly at $0.80 per share starting in October 2024. This marks the nineteenth consecutive yea…