American National Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of American National Group (NASDAQ: ANAT) declared a quarterly dividend of 82 cents per share on August 27, 2020. This dividend is payable on September 18, 2020 to shareholders of record by the close of business on September 8, 2020, with an anticipated ex-dividend date of September 7, 2020. American National has a strong financial foundation, reporting $29.0 billion in assets and $6.0 billion in stockholders’ equity. The company has maintained a consistent dividend payout for over 100 consecutive years.

Positive

• Quarterly dividend of 82 cents per share declared.
• Consistent dividend payments for over 100 years.
• Strong financial position with $29.0 billion in assets and $6.0 billion in stockholders’ equity.

Negative

• None.

GALVESTON, Texas, Aug. 27, 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 August 27, 2020.  In compliance with NASDAQ’s applicable dividend notice requirements, the dividend is payable September 18, 2020 to shareholders of record as of the close of business on September 8, 2020 with an ex-dividend date to be determined by the NASDAQ Stock Market, anticipated to be September 7, 2020. American National 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 March 31, 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.

Contact: Timothy A. Walsh (409) 766-6553

FAQ

What is the amount of the quarterly dividend declared by ANAT?

The quarterly dividend declared by American National Group (ANAT) is 82 cents per share.

When is the dividend for ANAT payable?

The dividend for American National Group (ANAT) is payable on September 18, 2020.

What is the record date for the ANAT dividend?

The record date for the American National Group (ANAT) dividend is September 8, 2020.

How long has ANAT been paying dividends?

American National Group (ANAT) has paid dividends to stockholders for over 100 consecutive years.