SmarterDividends
AFGD

American Financial Group, Inc.

AFGD

Stock · quarterly payer

$21.64

Undervalued · +49% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
May 12, 2022Raise$0.344 → $0.352+2.3%
Feb 14, 2022Cut$0.352 → $0.344−2.3%
May 13, 2021Raise$0.344 → $0.355+3.2%
AFGD ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →AFGD dividend historyEvery payment, totals by year, raises and cutsView →

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.