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CNA Financial Corporation Announces Annual Dividend of $2.00 (NYSE:CNA)
CNA Financial Corporation (NYSE:CNA) has declared an annual dividend of $2.00 per share, payable on March 12 to shareholders of record on February 23. The company has a history of consistently increasing its dividend, with the payout ratio currently at 36.9% and projected to be 38.8% next year, indicating sustainability. Despite missing Q4 EPS estimates, CNA’s revenue exceeded expectations, and the stock trades at a P/E of 13.45 with a market cap of $13.28 billion.