American Financial Group, Inc. Declares Quarterly Dividend
American Financial Group (NYSE: AFG) has declared a regular dividend of $0.50 per share for its common stock. This dividend is scheduled for payment on April 26, 2021, to shareholders on record as of April 15, 2021. AFG is primarily involved in property and casualty insurance and the sale of traditional fixed and fixed-indexed annuities. The company is in the process of selling its annuity business to Massachusetts Mutual Life Insurance Company, with the deal expected to close in Q2 2021.
- Declared a dividend of $0.50 per share, enhancing shareholder income.
- Strong historical presence in the insurance sector since 1872.
- Selling the annuity business may impact future revenue streams.
American Financial Group, Inc. (NYSE: AFG) announced that it has declared a regular dividend of
About American Financial Group, Inc.
American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed and fixed-indexed annuities in the retail, financial institutions, broker-dealer, and registered investment advisor markets. On January 27, 2021, AFG announced that it entered into a definitive agreement to sell its annuity business to Massachusetts Mutual Life Insurance Company. The sale is expected to close in the second quarter of 2021. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210401005127/en/
FAQ
What is the dividend amount declared by American Financial Group?
When is the dividend for AFG payable?
What is the record date for the AFG dividend?
What business is American Financial Group selling?
When is the sale of AFG's annuity business expected to close?
