NEW YORK ( TheStreet) -- The ex-dividend date for American Financial Group Inc (NYSE: AFG) is tomorrow, October 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $32.71 as of 9:30 a.m. ET, the dividend yield is 2.2%.

The average volume for American Financial Group has been 486,100 shares per day over the past 30 days. American Financial Group has a market cap of $3.2 billion and is part of the financial sector and insurance industry. Shares are up 2.4% year to date as of the close of trading on Monday.

American Financial Group, Inc., through its subsidiaries, engages in property and casualty insurance business in the United States. The company has a P/E ratio of 8.5, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates American Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full American Financial Group Ratings Report.

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