Cash Dividend Increase

Cincinnati Financial Corporation Increases Cash Dividend

  • Sets stage for 48th consecutive year of higher dividends with 9.9% increase in indicated annual dividend rate

Cincinnati, February 4, 2008 — Cincinnati Financial Corporation (Nasdaq: CINF) today announced that the board of directors voted at its regular meeting on February 1, 2008, to increase the regular quarterly cash dividend 9.9 percent to 39 cents per share, payable April 15, 2008, to shareholders of record on March 21, 2008. At the new level, the indicated annual dividend is $1.56 per share. Cash dividends declared in 2007 were $1.42 per share.

Chairman and Chief Executive Officer John J. Schiff, Jr., CPCU, commented, "For 48 consecutive years, the board has rewarded our shareholders by increasing the cash dividend. This consistency places Cincinnati Financial in the top tier of U.S. dividend-paying companies, with a long, uninterrupted history of increases that can be claimed by only 10 other companies. We are thankful for the loyalty of our shareholders and policyholders and the efforts of our agents and associates, which together have supported our mutual prosperity."



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