CINCINNATI, Aug. 18 /PRNewswire-FirstCall/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today announced that at its regular meeting on August 15, 2003, the board of directors declared a 25 cents per share regular quarterly dividend payable October 15, 2003, to shareholders of record on September 24, 2003. The indicated annual dividend is $1.00 per share.
Chairman and Chief Executive Officer John J. Schiff, Jr., CPCU, commented, "Cincinnati Financial's consistent dividend payments and 42 years of annual increases have provided a steady stream of income for our shareholders. The board's action demonstrates our favorable outlook and belief that positive operating trends should allow our shareholders to enjoy this consistency into the future."
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: investors, Heather J. Wietzel, +1-513-603-5236, or media, Joan
O. Shevchik, +1-513-603-5323, both of Cincinnati Financial Corporation/
/Web site: http://www.cinfin.com /
(CINF)