CNA Financial Corporation (NYSE:CNA) Declares Quarterly Dividend of $0.48

CNA Financial Corporation (NYSE:CNA) announced a quarterly dividend on Monday, November 2nd. Stockholders of record on Monday, November 16th will be paid a dividend of $0.48 per share by the insurance provider on Thursday, December 3rd. This represents a $1.92 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, November 16th.

CNA Financial has a dividend payout ratio of 38.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect CNA Financial to earn $4.78 per share next year, which means the company should continue to be able to cover its $1.92 annual dividend with an expected future payout ratio of 40.2%.

CNA Financial Stock Performance

NYSE CNA opened at $48.04 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.27 and a current ratio of 0.27. The company has a market capitalization of $13.00 billion, a PE ratio of 10.56, a price-to-earnings-growth ratio of 5.33 and a beta of 0.26. The company has a 50-day simple moving average of $47.67 and a 200 day simple moving average of $47.73. CNA Financial has a 52-week low of $41.53 and a 52-week high of $55.71.

CNA Financial (NYSE:CNA) last posted its quarterly earnings data on Monday, November 2nd. The insurance provider reported $0.75 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.46). CNA Financial had a net margin of 8.16% and a return on equity of 11.34%. The firm had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.02 billion. During the same quarter in the previous year, the company posted $1.50 EPS. On average, research analysts predict that CNA Financial will post 4.24 EPS for the current year.

CNA Financial Company Profile

CNA Financial Corporation (NYSE: CNA) is a commercial property and casualty insurance company serving businesses, professionals and organizations. Its offerings include commercial property, casualty, workers’ compensation, professional liability, management liability, cyber, surety, marine and other specialty insurance products.

The company distributes its products primarily through independent agents, brokers and other insurance intermediaries. CNA serves customers across the United States and Canada, as well as selected international markets, including the United Kingdom and Europe.