Wednesday, June 11, 2014
Dividends & Income - A near miss for Cincinnati Financial
Cincinnati Financial has been a Dividend Machine in the past and I do hold it. With a yield of 3.58% and good fundamentals I though we may have found the most recent 2014 Dividend Machine. But it is not to be. Why? To qualify as a 2014 Dividend Machine, the yield has to have steadily increased the dividend every yield at at least 4% clip. CINF's average annual yield increase of the past five year is only 2.564%. Near miss; good try. TheMoneyMadam