Chubb Limited's (CB) Dividend Potential Makes it a Solid Income Stock

Chubb Limited (NYSE:CB) is included among the 11 Best Income Stocks to Buy According to Hedge Funds.

Chubb Limited (NYSE:CB) is a leading global insurer that offers a wide variety of coverage, including property and casualty, life insurance, and reinsurance. The company is known for its conservative underwriting approach and its broad, diversified product portfolio.

Chubb Limited (NYSE:CB) has a strong track record of consistent underwriting profits and careful cash management. The company has raised its dividend for 32 consecutive years, reflecting its financial strength and reliability. The company also produces solid free cash flow, which supports both dividend payments and share repurchases. With a low payout ratio of 17%, CB is well-positioned to maintain and grow its dividend over time.

Chubb Limited (NYSE:CB) currently offers a quarterly dividend of $0.97 per share, having raised it by 6.6% in May. The stock has a dividend yield of 1.46%, as of July 31.

While we acknowledge the potential of CB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.