CNA Financial (CNA) will raise its regular quarterly dividend by 16.7 percent to $0.35 per share in 2018. Earlier this year the insurer already paid a $2.00 per share special dividend.

The next dividend is payable August 29, 2018 to stockholders of record on August 13, 2018. The new annual dividend yields 3.0% at a stock price of $46.78. Last year CNA Financial hiked its dividend by 20 percent to 30 cents quarterly per share.

CNA Financial Corporation is an insurance holding company. The company provides property and casualty insurance products and services to small, middle-market and large businesses. Its International segment provides management and professional liability coverages, as well as a range of other property and casualty insurance products and services.