10 Cheapest Dividend Aristocrats to Buy Now

2. Chubb Limited (NYSE:CB)

Forward P/E Ratio: 12.44

Chubb Limited (NYSE:CB) is an American Swiss insurance company that offers a wide range of insurance products, including property and casualty, life insurance, and reinsurance, with operations across 54 countries. The stock has fallen by over 2% since the start of 2025. The company is facing a setback due to recent wildfire losses, which are projected to reduce free cash flow by $1.5 billion. However, given its history of successfully managing substantial losses, including those from Hurricane Ian and Hurricane Milton, Chubb remains well-prepared to navigate this challenge.

In the fourth quarter of 2024, Chubb Limited (NYSE:CB) reported net premiums of over $12 billion, reflecting a 4% increase from the same period the previous year. Its main Property & Casualty (P&C) segment, which accounted for approximately 84% of total net premiums written in 2024, saw steady growth with a 7.7% rise year-over-year. Net income for the P&C segment reached $5.8 billion, while the combined ratio remained strong at 86.6%, showing a slight improvement from the prior year. This consistent growth underscores the company’s strong position in its core business.

Chubb Limited (NYSE:CB)’s cash position also came in strong as it generated $4.57 billion in operating cash flow. In addition, the company distributed approximately $1.1 billion to shareholders through dividends and share buybacks. It is one of the best dividend aristocrat stocks on our list as the company has raised its payouts for 31 consecutive years. Currently, it offers a quarterly dividend of $0.91 per share and has a dividend yield of 1.37%, as of February 14.