Chubb Limited (CB): A Stable Choice for Cheap Dividend Stocks in Volatile Markets

Core Viewpoint - Chubb Limited (NYSE:CB) is recognized as a stable and undervalued dividend stock, particularly appealing in volatile market conditions due to its strong performance and consistent dividend history [1][2]. Company Overview - Chubb Limited, headquartered in Zurich, Switzerland, is the largest publicly traded insurer globally, providing property, casualty, health, and supplemental insurance. The company was formerly known as ACE Limited until its acquisition of Chubb in 2016 [2]. - The company has been expanding internationally, with overseas markets contributing 43% of its revenue in 2024 [3]. Financial Performance - Chubb Limited's consolidated net premiums have shown steady growth over the past six years, despite facing challenges such as the COVID-19 pandemic, inflation, and geopolitical tensions [4]. - The primary revenue source remains its core property and casualty (P&C) insurance policies [4]. Dividend History - Chubb Limited has a robust dividend history, having increased its payouts for 32 consecutive years. The current quarterly dividend stands at $0.97 per share, resulting in a dividend yield of 1.42% as of September 19 [5].