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Stock impact report

CNA Financial: 17% Dividend Growth In Q2 [Seeking Alpha]

CNA Financial Corporation (CNA) 
Last cna financial corporation earnings: 2/10 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.cna.com
Company Research Source: Seeking Alpha
Summary Executive Summary On the 30th of July, CNA Financial ( CNA ) reported its quarterly results. Benefiting from strong underwriting results from the specialty lines, the core income grew by 13% to $270 million in Q2 2018. On a year-to-date basis, the net profit rose by 5.5% to $561 million. Confident in its ability to deliver higher underwriting results than last year, the company has announced to increase its quarterly dividend by 17% to $0.35 per share. With an implied dividend yield of more than 7%, the stock could be attractive for some investors. The Underwriting Margins Are Still Under Control In spite of a slight deterioration of the combined ratio in Q2 2018, the year-to-date combined ratio remained better than one year ago. Source: CNA Financial’s Q2 2018 Report The quarterly combined ratio deteriorated by 0.3 percentage point to 93.8%, mainly due to the 0.5 percentage point worsening of the loss ratio partially offset by the efforts made Show less Read more
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