State Auto Financial Corp. (NASDAQ:STFC) declared a quarterly dividend on Monday, November 14th. Stockholders of record on Friday, December 9th will be given a dividend of 0.10 per share on Friday, December 30th. This represents a $0.40 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Wednesday, December 7th.

State Auto Financial Corp. (NASDAQ:STFC) opened at 24.94 on Tuesday. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 470.57 and a beta of 0.86. State Auto Financial Corp. has a 52-week low of $17.84 and a 52-week high of $25.75. The stock’s 50 day moving average is $23.29 and its 200 day moving average is $22.37.

State Auto Financial Corp. (NASDAQ:STFC) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.10 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.38 by $0.28. State Auto Financial Corp. had a negative return on equity of 2.44% and a negative net margin of 0.61%. During the same quarter last year, the company posted $0.33 EPS. Equities research analysts forecast that State Auto Financial Corp. will post $0.08 earnings per share for the current year.

Dividend History for State Auto Financial Corp. (NASDAQ:STFC)

In related news, insider Kim Burton Garland acquired 6,356 shares of the business’s stock in a transaction on Friday, September 2nd. The stock was bought at an average cost of $23.63 per share, with a total value of $150,192.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.56% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. TIAA CREF Investment Management LLC boosted its position in State Auto Financial Corp. by 1.6% in the third quarter. TIAA CREF Investment Management LLC now owns 47,927 shares of the company’s stock worth $1,141,000 after buying an additional 774 shares in the last quarter. Teachers Advisors LLC boosted its position in State Auto Financial Corp. by 5.9% in the third quarter. Teachers Advisors LLC now owns 23,742 shares of the company’s stock worth $565,000 after buying an additional 1,331 shares in the last quarter. BlackRock Fund Advisors boosted its position in State Auto Financial Corp. by 9.1% in the third quarter. BlackRock Fund Advisors now owns 396,796 shares of the company’s stock worth $9,448,000 after buying an additional 33,074 shares in the last quarter. BlackRock Advisors LLC boosted its position in State Auto Financial Corp. by 9.9% in the third quarter. BlackRock Advisors LLC now owns 8,831 shares of the company’s stock worth $210,000 after buying an additional 794 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in State Auto Financial Corp. by 1.9% in the third quarter. Bank of New York Mellon Corp now owns 126,409 shares of the company’s stock worth $3,011,000 after buying an additional 2,409 shares in the last quarter. 31.02% of the stock is owned by institutional investors and hedge funds.

STFC has been the subject of a number of analyst reports. Zacks Investment Research cut State Auto Financial Corp. from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 9th. TheStreet raised State Auto Financial Corp. from a “hold” rating to a “buy” rating in a report on Tuesday, July 19th.

About State Auto Financial Corp.

State Auto Financial Corporation (State Auto Financial) is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include personal insurance, business insurance, specialty insurance and investment operations. Its personal insurance, business insurance and specialty insurance are known as insurance segments of the Company.

5 Day Chart for NASDAQ:STFC

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