Trailing Dividend / Share
$7.26
American Financial Group, Inc. (AFG) Dividend History
Income profile from 1986 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
5.5%
Payout Ratio
72.0%
Watch
Dividend Streak
0 years
AFG Dividend Income Check
Safety
72.0% payout ratio with watch safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 8.5% and trend is rising.
AFG Dividend Scorecard
Yield & Income
Dividend Yield5.5%
Trailing DPS$7.26
FrequencyQuarterly
Payments / 12M6
Payout Safety
Earnings Payout72.0%
Earnings SafetyWatch
FCF Payout41.4%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak0 years
3Y CAGR-20.2%
5Y CAGR13.6%
Yield on Cost (5Y)8.5%
YOC Trendrising
Total Returns
Buyback Yield0.9%
Total Shareholder Yield6.4%
1Y Total Return7.1%
5Y Total Return57.3%
Div Contribution (5Y)54.2%
Estimated $10K growth (return + dividends):
5Y ago$15,73010Y ago$31,39220Y ago$78,845
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
AFG Income Growth Story
Dividend per share and yield on cost over time (41 years of payments)
AFG Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
American Financial Group, Inc. distributes 72.0% of earnings as dividends (Watch). When measured against free cash flow—a stricter test—the payout ratio stands at 41.4%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
AFG does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -20.2% and 5-year CAGR of 13.6%.
Total Shareholder Returns
Beyond cash dividends, AFG returns capital through share repurchases. The combined picture: 5.5% dividend yield, 0.9% buyback yield, 6.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 8.5% and is currently rising. The 5-year total return is 57.3%, with dividends contributing 54.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $31,392 today.
AFG Recent Dividend Payments
Last 20 payments · Quarterly
TTM Total$27.44
Avg/Payment$1.3720
Latest Change-41.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 15, 2026Latest | $0.8800 | ↓ -41.3% | 5.31% | Apr 24, 2026 |
| Feb 13, 2026 | $1.5000 | ↑ +70.5% | 6.87% | Feb 25, 2026 |
| Jan 15, 2026 | $0.8800 | ↓ -56.0% | 5.58% | Jan 27, 2026 |
| Nov 17, 2025 | $2.0000 | ↑ +127.3% | 5.24% | Nov 26, 2025 |
| Oct 15, 2025 | $0.8800 | ↑ +10.0% | 6.80% | Oct 24, 2025 |
| Jul 15, 2025 | $0.8000 | — | 7.30% | Jul 25, 2025 |
| Apr 15, 2025 | $0.8000 | ↓ -60.0% | 7.17% | Apr 25, 2025 |
| Mar 17, 2025 | $2.0000 | ↑ +150.0% | 7.13% | Mar 28, 2025 |
AFG Dividend vs Peers
Comparable companies in the same industry
#1 yield in peer group
Div Yield
5.5%
#1 of 9
Safety
Watch
72.0% payout
Streak
0Y
13.6% 5Y CAGR
Total Shareholder
6.4%
#2 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st AFGAmerican Financial G… | $11.0B | 5.5% | 72.0% | 0 | Watch |
3rd  MKLMarkel Corporation | $22.3B | 2.7% | — | 6 | Unknown |
2nd  RLIRLI Corp. | $4.5B | 5.3% | 59.9% | 1 | Sustainable |
 HIGThe Hartford Financi… | $36.7B | 1.5% | 15.4% | 15 | Sustainable |
 WRBW. R. Berkley Corpor… | $24.8B | 2.7% | 39.4% | 3 | Sustainable |
 CINFCincinnati Financial… | $25.0B | 2.1% | 21.9% | 7 | Sustainable |
 ERIEErie Indemnity Compa… | $9.9B | 2.3% | 45.5% | 2 | Sustainable |
 AIGAmerican Internation… | $41.7B | 2.2% | 31.5% | 3 | Sustainable |
 TRVThe Travelers Compan… | $65.2B | 1.4% | 15.6% | 20 | Sustainable |
AFG Annual Dividend History (1983–2026)
44 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $3.26 | — | 3 | — | — | — | 3.8% |
| 2025 | $7.28 | -22.8% | 6 | — | — | — | 8.5% |
| 2024 | $9.43 | 16.4% | 6 | — | — | — | 11.1% |
| 2023 | $8.10 | -43.4% | 6 | — | — | — | 9.5% |
| 2022 | $14.31 | -49.0% | 7 | $10.53 | 135.9% | 0.74x | 16.8% |
| 2021 | $28.06 | 628.8% | 9 | $23.30 | 120.4% | 0.83x | 32.9% |
| 2020 | $3.85 | -22.2% | 5 | $8.21 | 46.9% | 2.13x | 4.5% |
| 2019 | $4.95 | 11.2% | 6 | $9.86 | 50.2% | 1.99x | 5.8% |
| 2018 | $4.45 | -7.0% | 6 | $5.85 | 76.1% | 1.31x | 5.2% |
| 2017 | $4.79 | 122.4% | 6 | $5.28 | 90.7% | 1.10x | 5.6% |
Full AFG Stock Analysis
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Start ComparisonAFG — Frequently Asked Questions
Quick answers to the most common questions about buying AFG stock.
How much dividend does AFG pay per share?
American Financial Group, Inc. (AFG) pays a trailing 12-month dividend of $7.26 per share, with a current dividend yield of +5.5%. Payments are made Quarterly.
When is AFG's next ex-dividend date?
AFG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. AFG typically pays dividends Quarterly.
Is AFG's dividend safe?
AFG's dividend safety is rated "Watch" based on an earnings payout ratio of +72.0% and FCF payout ratio of +41.4%. The dividend history does not yet show a prolonged growth streak.
How many years has AFG increased its dividend?
AFG has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +13.6%.
How often does AFG pay dividends?
American Financial Group, Inc. pays dividends Quarterly. The trailing 12-month total is $7.26 per share. Dividend data on this page covers 40+ years from 1986 to 2026.
How much would $10,000 invested in AFG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in AFG five years ago would be worth approximately $15,730 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is AFG's yield on cost for long-term holders?
AFG's yield on cost — the current dividend divided by the original purchase price — is +8.5% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +5.5% market yield, thanks to consistent dividend growth.