Daniel Frey, Executive Vice President and Chief Financial Officer of The Travelers Companies Inc (NYSE:TRV), sold 5,000 shares of the company on April 25, 2024, according to a recent SEC Filing.
Five stocks to focus with recent dividend hike are: JNJ, TRV, SON, KBH, SPFI.
Cincinnati Financial posted a rise in first-quarter profit on Thursday, helped by a jump in premiums and higher income from investments. The company posted an adjusted operating income of $272 million, or $1.72 per share in the first-quarter, up from $141 million, or 89 cents, in the year-ago period. Growing expectations of a soft landing for the U.S. economy fueled a rally in equities and other asset classes at the start of the year, helping insurers rake in more income from investments.