Dividend Hero AFG is the ultimate dividend stock

Insurer American Financial pays $6.50 in special dividends in 2024

Not many dividend growth stocks combine double digit annual increases with annual special dividend payments, let alone multiple special dividends. Dividend Hero American Financial Group (AFG) is this kind of stock with now 19 consecutive years of increases and at least one special dividend payment in the last couple of years, together with annual double digit increases.

The video below from our partner Dividend Freak explains why American Financial is the ultimate dividend growth machine.

American Financial declared a $2.50 and a $4.00 special dividend in 2024. The regular quarterly dividend is $0.80 per share and was raised for 19 consecutive years with double digit increases in the last years.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.