CINCINNATI, May 23 /PRNewswire-FirstCall/ -- Cincinnati Financial Corporation (Nasdaq: CINF) today announced that the executive committee of its board of directors has declared a 25 cents per share regular quarterly dividend payable July 15, 2003, to shareholders of record on June 25, 2003. The indicated annual dividend is $1.00 per share.
Chairman and Chief Executive Officer John J. Schiff, Jr., CPCU, commented, "Cincinnati Financial's board of directors believes that shareholders value our consistent dividend-paying policy. As Mergent noted in its May 2003 edition of the Dividend Achiever Handbook, Cincinnati Financial Corporation stands among the top 15 companies with the longest records of consecutive dividend increases. The board's confidence in our operating strength makes this consistency possible."
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/
/Web site: http://www.cinfin.com /
(CINF)