5 Best September Dividend Stocks To Buy

2. Cincinnati Financial Corporation (NASDAQ:CINF)

Ex-Dividend Date: September 15

Cincinnati Financial Corporation (NASDAQ:CINF) is an American insurance company that provides a wide range of related services to its consumers. The company’s current quarterly dividend stands at $0.75 per share for a dividend yield of 2.83%, as of August 29. It is one of the best dividend stocks on our list as it has been growing its dividends for 62 years.

The number of hedge funds tracked by Insider Monkey holdings stakes in Cincinnati Financial Corporation (NASDAQ:CINF) stood at 26 in Q2 2023. The consolidated value of stakes owned by these hedge funds is over $280.6 million.

The London Company mentioned  Cincinnati Financial Corporation (NASDAQ:CINF) in its Q2 2023 investor letter. Here is what the firm has to say:

“Cincinnati Financial Corporation (NASDAQ:CINF) – Shares of CINF underperformed in Q2 reflecting an intentional reduction in sales growth to focus on profitability. The broader property and casualty insurance subsector underperformed the market, and CINF was no exception, as many carriers struggle to keep up with cost inflation. We believe CINF has the financial discipline and the right strategy to return to prior underwriting margins.”

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