How Safe Is Cincinnati Financial's Dividend?

The insurance business goes through wild swings, with long periods of quiet profits punctuated by major catastrophic events that put pressure on the entire industry. Cincinnati Financial (NASDAQ: CINF) isn't the best-known player in the property and casualty insurance business, but the Ohio-based company offers a wide range of protection through personal home, auto, and life insurance as well as business-related insurance products. With Hurricanes Harvey, Irma, and Maria having plowed through the U.S. in just the past couple of months, investors want to know if insurers like Cincinnati Financial will be in a position to keep paying solid dividends.

Let's look more closely at the insurer to see whether shareholders can confidently expect to keep getting quarterly checks.

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Source: Fool.com