SmarterDividends
AFGE

American Financial Group, Inc.

AFGE

Stock · quarterly payer

$16.09

Undervalued · +60% Add to Portfolio

Forward Yield

6.99%

Annual Dividend

$1.12

Payout Ratio

—

5-Yr Growth

—

Ex-Date

—

Frequency

Quarterly

Key facts about AFGE's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, American Financial Group, Inc. (AFGE) has a forward dividend yield of 6.99%, based on an annual dividend of $1.12 per share and a share price of $16.09.
  • As of Oct 18, 2026, AFGE's dividend safety grade from SmarterDividends is B (73 out of 100), which rates the dividend as safe.
  • AFGE has never cut its regular dividend in the payment history SmarterDividends has on record.
  • AFGE's most recent ex-dividend date was Sep 1, 2026, for a dividend of $0.28 per share.
  • As of Oct 18, 2026, AFGE's 6.99% yield is 30% above its five-year average yield of 5.37%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for AFGE is $25.74 per share, 60% above the $16.09 share price, so AFGE screens as undervalued.
  • American Financial Group, Inc. (AFGE) pays its dividend quarterly, 4 times a year.
  • American Financial Group, Inc. (AFGE) has raised its regular dividend 0 times and cut it 0 times across the 22 payments on record since 2021. The regular dividend has not changed in that time.
Cite this page

SmarterDividends, "AFGE Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/AFGE

Summary

As of Oct 18, 2026, American Financial Group, Inc. (AFGE) yields 6.99% ($1.12 a year per share) and has a dividend safety grade of B (73/100).

Is AFGE a good dividend stock?

Yes, with caveats

American Financial Group, Inc. (AFGE) pays a quarterly dividend yielding 6.99% ($1.12/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
6.99%
Payout Ratio
—
Annual Dividend
$1.12
5-Yr Avg Growth
—
Ex-Dividend Date
—
Years of Growth
0
Frequency
quarterly
Beta
—
Market Cap
—
P/E Ratio
—
5-Yr Total Return
-38%
52-Week Range
$15.60 – $18.29
Dividend Safety
B · 73/100
Ever Cut?
No

AFGE dividend raises and cuts

American Financial Group, Inc. (AFGE) has raised its regular dividend 0 times and cut it 0 times across the 22 payments on record since 2021. The regular dividend has not changed in that time.

Every AFGE payment →Download every raise and cut (CSV)
AFGE ex-dividend date & scheduleNext ex-date — · full ex-dividend historyView →AFGE dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is AFGE a good dividend stock?

Yes, with caveats. American Financial Group, Inc. (AFGE) pays a quarterly dividend yielding 6.99% ($1.12/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is AFGE undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AFGE's fair value is about $25.74 versus a $16.09 share price — so it looks undervalued (+60% vs. fair value).

Is AFGE's dividend safe?

AFGE has a dividend-safety grade of B (73/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is AFGE's fair value?

Our blended fair-value estimate for AFGE is about $25.74 per share, roughly 60% above the current $16.09 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is AFGE a buy, hold, or sell?

We don't issue formal ratings, but on the data AFGE screens as "yes, with caveats" and undervalued. American Financial Group, Inc. (AFGE) pays a quarterly dividend yielding 6.99% ($1.12/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will AFGE cut its dividend?

AFGE earns a dividend-safety grade of B (73/100), 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 AFGE pay a dividend?

Yes. American Financial Group, Inc. pays a quarterly dividend of about $1.12 per share annually, a forward yield of roughly 6.99%.

What is AFGE's dividend yield?

As of Oct 18, 2026, AFGE's forward dividend yield is 6.99%, based on a $1.12 annual dividend and a $16.09 share price.

What is AFGE's dividend per share?

As of Oct 18, 2026, AFGE pays $1.12 per share per year, distributed on a quarterly basis.

How many years has AFGE grown its dividend?

AFGE does not currently have a long dividend-growth streak on record.

When is the next AFGE ex-dividend date?

As of Oct 18, 2026, AFGE's next ex-dividend date hasn't been announced. The most recent was Sep 1, 2026, for $0.28 per share.

Income Calculator

At $1.12 / yr per share

Per payment (quarterly)$28.10
Annual$112.40
Monthly avg$9.37

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