American Financial Group, Inc. (AFG) will pay a special cash dividend of $1.50 per share in the fourth quarter of 2018. The company's regular quarterly dividend is $0.40 per share. Earlier this year the insurance holding company already paid a special dividend of $1.50 per share.

The special dividend is payable on November 26, 2018 to shareholders of record on November 16, 2018.

American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.