CNA Financial Corporation (CNA) To Go Ex-Dividend on August 17th

CNA Financial Corporation (NYSE:CNA) declared a quarterly dividend on Monday, August 3rd. Investors of record on Monday, August 17th will be given a dividend of 0.48 per share by the insurance provider on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, August 17th.

CNA Financial has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 9 consecutive years. CNA Financial has a dividend payout ratio of 38.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CNA Financial to earn $4.78 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 40.2%.

CNA Financial Trading Down 0.3%

NYSE CNA opened at $50.99 on Friday. The stock has a market capitalization of $13.80 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 6.91 and a beta of 0.28. The stock’s 50 day moving average price is $49.94 and its two-hundred day moving average price is $47.71. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.27 and a current ratio of 0.27. CNA Financial has a 52 week low of $41.53 and a 52 week high of $55.71.

CNA Financial (NYSE:CNA) last released its quarterly earnings results on Monday, August 3rd. The insurance provider reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.08 by $0.11. CNA Financial had a return on equity of 11.34% and a net margin of 8.16%.The firm had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $2.97 billion. During the same quarter in the prior year, the firm posted $1.23 EPS. As a group, analysts anticipate that CNA Financial will post 4.14 earnings per share for the current fiscal year.

About CNA Financial

CNA Financial Corporation is a leading U.S.-based commercial property and casualty insurance company offering a broad portfolio of risk management and insurance solutions. The company underwrites coverage for businesses of all sizes across a variety of industry sectors, including manufacturing, healthcare, energy, technology, construction and real estate. In addition to core property and casualty insurance, CNA delivers specialized products such as surety bonds, professional liability, environmental liability and commercial auto coverage.

Headquartered in Chicago, Illinois, CNA traces its origins to the founding of Continental Casualty Company in 1897.