
American Financial Group, Inc.
AFGDStock · quarterly payer
Forward Yield
6.51%
Annual Dividend
$1.41
Payout Ratio
—
5-Yr Growth
—
Ex-Date
—
Frequency
Quarterly
Key facts about AFGD's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, American Financial Group, Inc. (AFGD) has a forward dividend yield of 6.51%, based on an annual dividend of $1.41 per share and a share price of $21.64.
- As of Oct 18, 2026, AFGD's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
- AFGD has never cut its regular dividend in the payment history SmarterDividends has on record.
- AFGD's most recent ex-dividend date was Aug 14, 2026, for a dividend of $0.35 per share.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for AFGD is $32.25 per share, 49% above the $21.64 share price, so AFGD screens as undervalued.
- American Financial Group, Inc. (AFGD) pays its dividend quarterly, 4 times a year.
- American Financial Group, Inc. (AFGD) has raised its regular dividend 2 times and cut it 1 time across the 23 payments on record since 2021. Its most recent change was a 2.3% increase to $0.352 per share, going ex-dividend on May 12, 2022. The last cut went ex-dividend on Feb 14, 2022.
Cite this page
SmarterDividends, "AFGD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/AFGD
Summary
As of Oct 18, 2026, American Financial Group, Inc. (AFGD) yields 6.51% ($1.41 a year per share) and has a dividend safety grade of B (79/100).
Is AFGD a good dividend stock?
YesAmerican Financial Group, Inc. (AFGD) pays a quarterly dividend yielding 6.51% ($1.41/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.51%
- Payout Ratio
- —
- Annual Dividend
- $1.41
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -24%
- 52-Week Range
- $19.20 – $22.92
- Dividend Safety
- B · 79/100
- Ever Cut?
- No
AFGD dividend raises and cuts
American Financial Group, Inc. (AFGD) has raised its regular dividend 2 times and cut it 1 time across the 23 payments on record since 2021. Its most recent change was a 2.3% increase to $0.352 per share, going ex-dividend on May 12, 2022. The last cut went ex-dividend on Feb 14, 2022.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 12, 2022 | Raise | $0.344 → $0.352 | +2.3% |
| Feb 14, 2022 | Cut | $0.352 → $0.344 | −2.3% |
| May 13, 2021 | Raise | $0.344 → $0.355 | +3.2% |
Frequently Asked Questions
Is AFGD a good dividend stock?
Yes. American Financial Group, Inc. (AFGD) pays a quarterly dividend yielding 6.51% ($1.41/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is AFGD undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AFGD's fair value is about $32.25 versus a $21.64 share price — so it looks undervalued (+49% vs. fair value).
Is AFGD's dividend safe?
AFGD has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AFGD's fair value?
Our blended fair-value estimate for AFGD is about $32.25 per share, roughly 49% above the current $21.64 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AFGD a buy, hold, or sell?
We don't issue formal ratings, but on the data AFGD screens as "yes" and undervalued. American Financial Group, Inc. (AFGD) pays a quarterly dividend yielding 6.51% ($1.41/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will AFGD cut its dividend?
AFGD earns a dividend-safety grade of B (79/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AFGD pay a dividend?
Yes. American Financial Group, Inc. pays a quarterly dividend of about $1.41 per share annually, a forward yield of roughly 6.51%.
What is AFGD's dividend yield?
As of Oct 18, 2026, AFGD's forward dividend yield is 6.51%, based on a $1.41 annual dividend and a $21.64 share price.
What is AFGD's dividend per share?
As of Oct 18, 2026, AFGD pays $1.41 per share per year, distributed on a quarterly basis.
How many years has AFGD grown its dividend?
AFGD does not currently have a long dividend-growth streak on record.
When is the next AFGD ex-dividend date?
As of Oct 18, 2026, AFGD's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $0.35 per share.
AFGD Price — Last 12 Months
Daily close
Price Return
1 Year
+3%
3 Years
-1%
5 Years
-24%
52-Week Range
$19.20 – $22.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AFGD worth?
Undervaluedlow confidenceOur blended fair-value estimate for American Financial Group, Inc. is $32.25 per share, versus a market price of $21.64. That implies 49% of upside — a margin of safety of about 33%.
Fair Value
$32.25
Current Price
$21.64
Upside
+49%
Margin of Safety
33%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 11.9% growth for five years fading to 2.5% over the next five, $1.41 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AFGD Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full AFGD dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Sep 1, 2026 | $0.3520 | regular |
| May 15, 2026 | Jun 1, 2026 | $0.3520 | regular |
| Feb 13, 2026 | Mar 2, 2026 | $0.3520 | regular |
| Nov 14, 2025 | Dec 1, 2025 | $0.3520 | regular |
| Aug 15, 2025 | Sep 2, 2025 | $0.3520 | regular |
| May 15, 2025 | Jun 2, 2025 | $0.3520 | regular |
| Feb 14, 2025 | Mar 3, 2025 | $0.3520 | regular |
| Nov 15, 2024 | Dec 2, 2024 | $0.3520 | regular |
| Aug 15, 2024 | Sep 3, 2024 | $0.3520 | regular |
| May 14, 2024 | Jun 3, 2024 | $0.3520 | regular |
| Feb 14, 2024 | Mar 1, 2024 | $0.3520 | regular |
| Nov 14, 2023 | Dec 1, 2023 | $0.3520 | regular |
| Aug 14, 2023 | Sep 1, 2023 | $0.3520 | regular |
| May 12, 2023 | Jun 1, 2023 | $0.3520 | regular |
Income Calculator
At $1.41 / yr per share
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