Published November 19th, 2018
We analyzed each Dividend Aristocrat by looking at their earnings, dividends, maximum draw down (MDD) and stock price performance during the 2007-2009 financial crisis.
The dividend aristocrat Cincinnati Financial Corporation (CINF) is engaged in property casualty insurance marketed through independent insurance agencies. The company is founded in 1950 and has a market-cap. Of $13 billion (November 2018). The company is one of the 5 dividend aristocrats active in the financial sector and recession sensitive alike its business model
The company’s earnings-per-share performance during the Recession period (2007-2009) can be seen below:
- 2007 adjusted earnings-per-share of $3.54
- 2008 adjusted earnings-per-share of $2.10 (41% decline)
- 2009 adjusted earnings-per-share of $1.32 (37% decline)
- 2010 adjusted earnings-per-share of $1.68 (27% increase)
Cincinnati Financial Corporation (CINF) stock performance 2007-2009
Cincinnati Financial is far from the most recession-resistant member of the Dividend Aristocrats list. Cincinnati Financial’s earnings declined as its stock price did. The share price performance in the recession period can be seen below:
Cincinnati Financial Corporation (CINF) Dividends 2007-2010
See below the dividends paid by this dividend aristocrat during the recession period 2007-2010:
No Data available for Dividend History.
See also the overall performance of the dividend aristocrats during recession.
Other Sources of Dividend Investment Ideas
The Dividend Aristocrats list is not the only way to quickly screen for businesses that regularly pay rising dividends.
- The Dividend Kings List is even more exclusive than the Dividend Aristocrats. It is comprised of less than 20 businesses with 50+ years of consecutive dividend increases.
- The MoneyInvestExpert Defensive Aristocrats is a performance-based top-10 selection of the Dividend Aristocrats to outperform the market on the long-term.
- Portfolio lists like the Berkshire Hathaway Portfolio or Bill Gates’stock portfolio can be a source.
- For the European focused investors there is also the list of European Dividend Aristocrats.
- Dividend Champions are not necessarily members of the S&P 500 index, have increased their dividend for 25 or more consecutive years.
- 100+ years of dividend, the list of stocks that pay over 100 year of dividend can be an list of inspiration.
Next to selecting the right dividend stocks, important principles for successful long-term investing are Disciple, Diversification, Defensive & indeed Dividend. Read more about this in our free e-book.
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