CINCINNATI, Nov. 18 /PRNewswire-FirstCall/ -- Cincinnati Financial Corporation (Nasdaq: CINF) -- The board of directors met on November 15 and declared a regular quarterly dividend of 22-1/4 cents per share payable January 15, 2003, to shareholders of record on December 26, 2002. The annual dividend declared in 2002 was 89 cents per share, up from 84 cents in 2001.
"Cincinnati Financial shareholders have received increasing dividends for 42 consecutive years," said Chairman and Chief Executive Officer John J. Schiff, Jr., CPCU. "As of November 15, we have returned more than $185 million this year to shareholders in cash dividends and stock repurchases. We manage for the long term, seeking to achieve consistent results that make it possible to reward our shareholders."
Cincinnati Financial Corporation offers property and casualty insurance, our main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The Cincinnati Life Insurance Company markets life, disability income and long-term care insurance and annuities. CFC Investment Company supports the insurance subsidiaries and their independent agent representatives through commercial leasing and financing activities. CinFin Capital Management Company provides asset management services to institutions, corporations and individuals. For additional information, please visit our Web site at www.cinfin.com . SOURCE Cincinnati Financial Corporation
/CONTACT: Kenneth W. Stecher, Chief Financial Officer of Cincinnati Financial Corporation, +1-513-603-5236/