State Auto Financial Corporation ($STFC) Will Trade Ex-Dividend On September 16, 2020

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State Auto Financial Corporation (NASDAQ:STFC) will begin trading ex-dividend on September 16, 2020. The quarterly dividend payment of $ 0.10 per share is scheduled to be paid on September 29, 2020. The dividend yield based on the latest trading day closing price was 2.69 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.

Dividends History
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State Auto Financial Corporation recently reported second quarter financial results on August 6, 2020, before market open, the Columbus based company revealed loss for the second quarter of $ 0.59 per share, from the revenue of $ 434.80 million. The quarterly revenues increased 27.84 percent compared with the same quarter last year. According to street consensus, STFC was expected to report 2Q20 loss of $ 0.76 per share from revenue of $ 342.93 million. The bottom line results beat street analysts by $ 0.17 or 22.37 percent, at the same time, top line results outshined analysts by $ 91.87 million or 26.79 percent.

Stock Performance

Shares of State Auto Financial Corporation traded low $ -0.29 or -1.91 percent on Thursday, reaching $ 14.88 with volume of 44.60 thousand shares. State Auto Financial Corporation has traded high as $ 15.30 and has cracked $ 14.73 on the downward trend

According to the previous trading day, closing price of $ 14.88, representing a 2.99 % increase from the 52 week low of $ 14.73 and a 56.35 % decrease over the 52 week high of $ 34.75.

The company has a market capital of $ 652.31 million and is part of the Financial Services sector and Insurance – Property & Casualty industry.

State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.