Dividends
Dividends paid during the quarter, annualized rate. Dividends are based on the previous quarter's earnings.
| Paid In: | Paid In: | Paid In: | Paid In: | ||
|---|---|---|---|---|---|
| 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | ||
| 2020 | 2.50% | 2.50% | |||
| 2019 | 6.00% | 5.50% | 4.50% | 4.00% | |
| 2018 | 5.75% | 5.75% | 6.00% | 6.00% | |
| 2017 | 4.50% | 4.75% | 5.25% | 5.50% | |
| 2016 | 4.00% | 4.00% | 4.00% | 4.00% | |
| 2015 | 4.00% | 4.00% | 4.00% | 4.00% | |
| 2014 | 4.00% | 4.00% | 4.00% | 4.00% | |
| 2013 | 4.25% | 4.25% | 4.25% | 4.00% | |
| 2012 | 4.50% | 4.25% | 4.25% | 4.75% | |
| 2011 | 4.50% | 4.50% | 4.00% | 4.00% | |
| 2010 | 4.50% | 4.50% | 4.50% | 4.00% |
We believe members' investment in our capital stock is comparable to investing in high-grade short-term, or adjustable-rate, money market instruments or in adjustable-rate preferred equity instruments. Therefore, we structure our risk exposure so that earnings tend to move in the same direction as changes in short-term market rates.
Financial Reports
Annual Stress Test Disclosure:
SEC Filings:
- July 2: Form 8-K Consolidated Bond Issuances
- June 30: Form 8-K Consolidated Bond Issuances
- June 25: Form 8-K Consolidated Bond Issuances
- June 23: Form 8-K Consolidated Bond Issuances
- June 18: Form 8-K Consolidated Bond Issuances
- June 16: Form 8-K Consolidated Bond Issuances
- June 11: Form 8-K Consolidated Bond Issuances
- May 26: Form 8-K Consolidated Bond Issuances
- May 21: Form 8-K Consolidated Bond Issuances
- May 19: Form 8-K Consolidated Bond Issuances
2020 reports:
| 1st Quarter 10-Q | | View Web Page | |
2019 reports:
| 10-K Annual Report | | View Web Page | | |
| 3rd Quarter 10-Q | | View Web Page | | |
| 2nd Quarter 10-Q | | View Web Page | | |
| 1st Quarter 10-Q | | View Web Page | |
2018 reports:
| 10-K Annual Report | | View Web Page | | |
| 3rd Quarter 10-Q | | View Web Page | | |
| 2nd Quarter 10-Q | | View Web Page | | |
| 1st Quarter 10-Q | | View Web Page | |
2017 reports:
| 10-K Annual Report | | View Web Page | | |
| 3rd Quarter 10-Q |
| View Web Page | | |
| 2nd Quarter 10-Q | | View Web Page | | |
| 1st Quarter 10-Q | | View Web Page | |
Credit Ratings
The FHLB Cincinnati is rated AA+ by Standard and Poor’s and Aaa by Moody’s Investors Service.
- Standard and Poor's Credit Rating for FHLB Cincinnati (September 10, 2019)
- Standard and Poor's Credit Rating for FHLB System (August 28, 2019)
- Moody's Investors Service Credit Opinion for FHLB Cincinnati (October 25, 2019)
- Moody's Investors Service Credit Opinion for FHLB System (October 28, 2019)
Capital Plan
In 1999, Congress enacted the Gramm-Leach-Bliley Act which required the FHLB to develop a new capital structure that produces a more permanent source of capital, establishes new minimum investment requirements for members, and facilitates compliance with the law’s new capital requirements. Subsequent to the promulgation of associated new capital regulations issued by the FHLB’s regulator in January 2001, the FHLB developed and implemented its new capital plan in December 2002. Our capital plan, as amended since its inception, provides for the governance and regulation of its capital structure and complies with all regulatory and legislative requirements.
A copy of the FHLB’s current Capital Plan can be found here.
Questions regarding the capital plan should be directed to Public Affairs at 877-925-3452 or Credit Services at 800-828-4191.