American Financial Group, Inc. Increases Annual Common Stock Dividend by 12.7%; Nineteenth Consecutive Year of Dividend Increases
American Financial Group (NYSE: AFG) has increased its annual common stock dividend by 12.7% to $3.20 per share, marking the nineteenth consecutive year of dividend increases. The new dividend will be paid quarterly at $0.80 per share starting in October 2024. AFG's ten-year compound annual growth rate in regular annual dividends is 12.4%.
Co-CEOs Carl H. Lindner III and S. Craig Lindner expressed confidence in AFG's financial condition, liquidity, and long-term growth prospects. The dividend increase is part of AFG's capital management strategy to return excess capital to shareholders.
AFG, based in Cincinnati, Ohio, is an insurance holding company primarily engaged in property and casualty insurance through its Great American Insurance Group subsidiary, which focuses on specialized commercial products for businesses.
American Financial Group (NYSE: AFG) ha aumentato il suo dividendo annuale delle azioni ordinarie del 12,7% arrivando a $3,20 per azione, segnando il diciannovesimo anno consecutivo di aumenti del dividendo. Il nuovo dividendo sarà pagato trimestralmente a $0,80 per azione a partire da ottobre 2024. Il tasso di crescita annuo composto di AFG nei dividendi annuali regolari degli ultimi dieci anni è del 12,4%.
I co-CEO Carl H. Lindner III e S. Craig Lindner hanno espresso fiducia nella condizione finanziaria di AFG, nella liquidità e nelle prospettive di crescita a lungo termine. L’aumento del dividendo fa parte della strategia di gestione del capitale di AFG per restituire capitale in eccesso agli azionisti.
AFG, con sede a Cincinnati, Ohio, è una holding assicurativa principalmente impegnata nell’assicurazione di beni e responsabilità civile tramite la sua controllata Great American Insurance Group, che si concentra su prodotti commerciali specializzati per le imprese.
American Financial Group (NYSE: AFG) ha aumentado su dividendo anual de acciones comunes en un 12.7% a $3.20 por acción, marcando el decimonoveno año consecutivo de aumentos de dividendos. El nuevo dividendo se pagará trimestralmente a $0.80 por acción a partir de octubre de 2024. La tasa de crecimiento anual compuesta de AFG en dividendos anuales regulares durante los últimos diez años es del 12.4%.
Los co-CEOs Carl H. Lindner III y S. Craig Lindner expresaron confianza en la condición financiera de AFG, su liquidez y las perspectivas de crecimiento a largo plazo. El aumento del dividendo es parte de la estrategia de gestión de capital de AFG para devolver el capital excedente a los accionistas.
AFG, con sede en Cincinnati, Ohio, es una compañía de holding de seguros principalmente dedicada al seguro de propiedad y responsabilidad civil a través de su subsidiaria Great American Insurance Group, que se centra en productos comerciales especializados para empresas.
American Financial Group (NYSE: AFG)는 연간 보통주 배당금을 12.7% 인상하여 주당 $3.20으로 설정하며, 19년 연속 배당금 인상을 기록했습니다. 새로운 배당금은 2024년 10월부터 주당 $0.80씩 분기별로 지급됩니다. AFG의 지난 10년간 정기 배당금의 복합 연간 성장률은 12.4%입니다.
공동 CEO인 Carl H. Lindner III와 S. Craig Lindner는 AFG의 재정 상태와 유동성, 장기 성장 전망에 대한 자신감을 표현했습니다. 배당금 인상은 AFG의 초과 자본을 주주에게 반환하기 위한 자본 관리 전략의 일환입니다.
오하이오주 신시내티에 본사를 둔 AFG는 주로 자회사인 Great American Insurance Group을 통해 재산 및 사고 보험에 종사하는 보험 지주 회사입니다. 이 자회사는 기업을 위한 특화된 상업 제품에 중점을 두고 있습니다.
American Financial Group (NYSE: AFG) a augmenté son dividende annuel sur les actions ordinaires de 12,7%, portant celui-ci à 3,20 $ par action, marquant ainsi le dix-neuvième année consécutive d'augmentations de dividendes. Le nouveau dividende sera versé trimestriellement à 0,80 $ par action à partir d'octobre 2024. Le taux de croissance annuel composé d'AFG dans les dividendes annuels réguliers est de 12,4% sur les dix dernières années.
Les co-CEO Carl H. Lindner III et S. Craig Lindner ont exprimé leur confiance dans la condition financière d'AFG, sa liquidité et ses perspectives de croissance à long terme. L'augmentation du dividende fait partie de la stratégie de gestion du capital d'AFG pour restituer le capital excédentaire aux actionnaires.
AFG, dont le siège est à Cincinnati, dans l'Ohio, est une société de holding d'assurance principalement engagée dans l'assurance de biens et de responsabilité civile à travers sa filiale Great American Insurance Group, qui se concentre sur des produits commerciaux spécialisés pour les entreprises.
American Financial Group (NYSE: AFG) hat die jährliche Dividende auf Stammaktien um 12,7% erhöht und liegt nun bei $3,20 pro Aktie, womit das neunzehnte Jahr in Folge mit Dividendensteigerungen markiert wird. Die neue Dividende wird vierteljährlich mit $0,80 pro Aktie ab Oktober 2024 ausgezahlt. Die jährliche compound Wachstumsrate von AFG bei den regulären jährlichen Dividenden beträgt 12,4% über die letzten zehn Jahre.
Die Co-CEOs Carl H. Lindner III und S. Craig Lindner äußerten ihr Vertrauen in die finanzielle Lage, die Liquidität und die langfristigen Wachstumsprognosen von AFG. Die Erhöhung der Dividende ist Teil der Kapitalmanagementstrategie von AFG, um überschüssiges Kapital an die Aktionäre zurückzugeben.
AFG hat seinen Sitz in Cincinnati, Ohio, und ist eine Versicherungsholding, die hauptsächlich über ihre Tochtergesellschaft Great American Insurance Group in der Sach- und Haftpflichtversicherung tätig ist und sich auf spezialisierte Gewerbeprodukte für Unternehmen konzentriert.
- Increased annual dividend by 12.7% to $3.20 per share
- Nineteenth consecutive year of dividend increases
- 10-year compound annual growth rate in dividends of 12.4%
- Management expresses confidence in company's financial condition and growth prospects
- None.
Carl H. Lindner III and S. Craig Lindner, AFG’s Co-Chief Executive Officers, issued this statement: “Returning excess capital to shareholders in the form of dividends is an important and effective component of AFG’s capital management strategy. This increase in AFG’s annual dividend reflects our confidence in the Company’s financial condition, liquidity, and prospects for long-term growth.”
About American Financial Group, Inc.
American Financial Group is an insurance holding company, based in
Forward Looking Statements
This press release, and any related oral statements, contains certain statements that may be deemed to be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements in this press release not dealing with historical results are forward-looking and are based on estimates, assumptions, and projections. Examples of such forward-looking statements include statements relating to: the Company's expectations concerning market and other conditions and their effect on future premiums, revenues, earnings, investment activities and the amount and timing of share repurchases or special dividends; recoverability of asset values; expected losses and the adequacy of reserves for asbestos, environmental pollution and mass tort claims; rate changes; and improved loss experience.
Actual results and/or financial condition could differ materially from those contained in or implied by such forward-looking statements for a variety of reasons including, but not limited to: the risks and uncertainties AFG describes in the “Risk Factors” section of its most recent Annual Report on Form 10-K, as updated by its other reports filed with the Securities and Exchange Commission; changes in financial, political and economic conditions, including changes in interest and inflation rates, currency fluctuations and extended economic recessions or expansions in the
The forward-looking statements herein are made only as of the date of this press release. The Company assumes no obligation to publicly update any forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240820311657/en/
Diane P. Weidner, IRC, CPA (inactive)
Vice President – Investor & Media Relations
513-369-5713
Websites:
www.AFGinc.com
www.GreatAmericanInsuranceGroup.com
Source: American Financial Group, Inc.
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