other material
confidence high
sentiment neutral
materiality 0.60
Cincinnati Financial elects new chairman & CEO, promotes new chief legal officer, declares $0.81 dividend
CINCINNATI FINANCIAL CORP
- Shareholders elected all 14 director nominees and approved executive compensation, the 2024 stock plan, and auditor ratification at May 4 meeting.
- Board elected Steven J. Johnston as chairman and Stephen M. Spray as president and CEO; Thomas C. Hogan succeeded retiring Lisa A. Love as chief legal officer.
- Declared regular quarterly cash dividend of $0.81 per share, payable July 15, 2024, to holders of record June 18, 2024.
- Dividend maintains streak of 64 consecutive years of increasing annual cash dividends.