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American Overseas Group Limited Announces Dividend on its Class B Preference Shares

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American Overseas Group Limited (stock symbol: AOREF) announced that its subsidiary, American Overseas Reinsurance Company Limited, declared a dividend of $1,569.00 per Class B preference share. This dividend will be payable on December 16, 2022 to shareholders on record as of December 9, 2022. The company, based in Bermuda, specializes in property/casualty insurance and reinsurance services.

Positive
  • Dividend of $1,569.00 per Class B preference share to enhance shareholder income.
  • Dividend payout demonstrates company's financial confidence and stability.
Negative
  • None.

HAMILTON, Bermuda, Dec. 14, 2022 (GLOBE NEWSWIRE) -- American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today announced that the Board of Directors of its operating subsidiary, American Overseas Reinsurance Company Limited (“AORE”), declared a dividend on its Class B preference shares of $1,569.00 per Class B preference share. The dividend will be payable on December 16, 2022 to Class B preference shareholders of record on December 9, 2022.

Information About the Company
American Overseas Group Limited is an insurance holding company incorporated in Bermuda and a tax resident of the United Kingdom.  Its operating subsidiaries provide specialty property/casualty insurance, reinsurance and insurance management services.  More information can be found at www.aoreltd.com

SOURCE: American Overseas Group Limited

Contact:
American Overseas Group Limited 
info@aoreltd.com 

 


FAQ

What is the dividend amount declared by American Overseas Group Limited?

The dividend amount declared is $1,569.00 per Class B preference share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 16, 2022.

Who is eligible to receive the dividend from American Overseas Group Limited?

Class B preference shareholders of record on December 9, 2022, are eligible to receive the dividend.

What is the significance of the dividend for shareholders of AOREF?

The dividend signifies financial confidence and provides income for shareholders.

AMERICAN OVERSEAS GRP NEW

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15.74M
2.72M
Reinsurance Carriers
Finance and Insurance
United States of America