American Financial Group, Inc. (AFG) will pay a special cash dividend of $1.50 per share in the second quarter of 2019. The company's regular quarterly dividend is $0.40 per share. In 2018 the insurance holding company paid two special dividends of $1.50 per share.

The special dividend is payable on May 28, 2019 to shareholders of record on May 15, 2019 and yields 1.4% at a stock price of $103.51. The regular annual dividend of $1.60 yields 1.5% at current prices.

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.