American Financial Group Inc. reported net income of $282 million, or $3.40 per share, in the third quarter, compared with $215 million, or $2.58 per share, in the same period a year ago.
Adjusted net operating income reached a record high of $329 million, or $3.97 per share, in the third quarter. This represents a 48% increase compared to the $224 million, or $2.69 per share, reported in the same quarter a year ago.
The company’s Board of Directors approved a special cash dividend of $3.50 per share. The dividend will be paid on November 25, 2026, to shareholders of record as of November 16, 2026. The total amount of the special dividend will be approximately $290 million.
In the third quarter, AFG also repurchased $26 million worth of its own common stock at an average price of $138.31 per share.