- Sign up for TheStreet's FREE Dividend and Income Investor Newsletter
NEW YORK ( TheStreet) -- The ex-dividend date for Cincinnati Financial Corporation (Nasdaq: CINF) is Monday, March 19, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $35.95 as of 9:30 a.m. ET, the dividend yield is 4.5%. The average volume for Cincinnati Financial has been 1.3 million shares per day over the past 30 days. Cincinnati Financial has a market cap of $5.26 billion and is part of the financial sector and insurance industry. Shares are up 16.7% year to date as of the close of trading on Thursday. Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. Its Commercial Lines Property Casualty Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation. The company has a P/E ratio of 34.9, above the average insurance industry P/E ratio of 33.1 and above the S&P 500 P/E ratio of 17.7.