American National Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of American National Group declared a quarterly dividend of 82 cents per share on its common stock, scheduled for payment on December 18, 2020. The dividend will be payable to shareholders of record as of December 4, 2020, with an ex-dividend date anticipated to be December 3, 2020. American National maintains a solid financial position with $29.0 billion in assets and $6.0 billion in stockholders’ equity. The company has successfully paid dividends for over 100 consecutive years and holds an ‘A’ rating from A.M. Best and S&P.

Positive

• Declared a quarterly dividend of 82 cents per share, indicating strong financial health.
• Over 100 years of consecutive dividend payments shows stability and commitment to shareholders.
• Strong financial position with $29.0 billion in assets and $6.0 billion in stockholders' equity.
• Rated 'A' by A.M. Best and S&P, reflecting solid insurer creditworthiness.

Negative

• None.

GALVESTON, Tx., Oct. 29, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of American National Group, Inc. (NASDAQ: ANAT) declared a quarterly dividend of 82 cents per share on its common stock CUSIP #02772A 109, at a meeting held on October 29, 2020. In compliance with NASDAQ’s applicable dividend notice requirements, the dividend is payable December 18, 2020 to shareholders of record as of the close of business on December 4, 2020 with an ex-dividend date to be determined by the NASDAQ Stock Market, anticipated to be December 3, 2020. American National Insurance Company has paid dividends to stockholders for more than 100 consecutive years.

American National is a family of companies that has, on a consolidated GAAP basis, $29.0 billion in assets, $23.0 billion in liabilities and $6.0 billion in stockholders’ equity, as of June 30, 2020. American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, and other American National subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The American National companies operate in all 50 states. Major insurance subsidiaries include American National Insurance Company, American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Garden State Life Insurance Company, Standard Life and Accident Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.

American National Insurance Company has been assigned an ‘A’ rating by A.M. Best Company and an ‘A’ rating by Standard & Poor’s, both of which are nationally recognized rating agencies, and is licensed to conduct the business of insurance in all states except New York.

For more information, including company news and investor relations information, visit the company’s web site at www.AmericanNational.com. 

FAQ

What is the dividend amount declared by American National Group (ANAT)?

American National Group declared a quarterly dividend of 82 cents per share.

When is the payment date for the dividend from American National Group (ANAT)?

The dividend is payable on December 18, 2020.

What is the record date for the dividend from American National Group (ANAT)?

The record date for the dividend is December 4, 2020.

What is the ex-dividend date for American National Group (ANAT)?

The ex-dividend date is anticipated to be December 3, 2020.

How long has American National Group (ANAT) paid dividends to its shareholders?

American National Group has paid dividends for over 100 consecutive years.