American International Group, Inc. Declares Quarterly Dividend of $0.50 (NYSE:AIG)

American International Group, Inc. (NYSE:AIG) announced a quarterly dividend on Thursday, August 6th. Stockholders of record on Wednesday, September 16th will be paid a dividend of 0.50 per share by the insurance provider on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Wednesday, September 16th.

American International Group has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years. American International Group has a payout ratio of 25.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect American International Group to earn $8.77 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 22.8%.

American International Group Stock Down 0.8%

American International Group stock traded down $0.65 during midday trading on Friday, reaching $79.32. The stock had a trading volume of 1,860,720 shares, compared to its average volume of 4,350,174. The company has a fifty day moving average price of $77.19 and a two-hundred day moving average price of $76.73. American International Group has a 12 month low of $71.25 and a 12 month high of $87.29. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $42.06 billion, a P/E ratio of 13.99, a PEG ratio of 0.74 and a beta of 0.53.

American International Group (NYSE:AIG) last announced its quarterly earnings results on Friday, August 7th. The insurance provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.08. American International Group had a return on equity of 10.93% and a net margin of 11.86%.The business had revenue of $7.08 billion for the quarter, compared to analyst estimates of $7.25 billion. During the same quarter in the prior year, the company earned $1.81 earnings per share. As a group, equities analysts expect that American International Group will post 7.97 EPS for the current fiscal year.

American International Group News Summary

Here are the key news stories impacting American International Group this week:

• Positive Sentiment: Q2 earnings exceeded expectations: AIG reported adjusted earnings of $2.00 per share, above the $1.89-$1.92 analyst estimates and up from $1.81 a year earlier. Strong underwriting income and lower catastrophe losses supported results. AIG Beats Q2 Earnings Estimates on Robust Underwriting Income
• Positive Sentiment: Premium growth remained broad-based: Net premiums written increased across all three of AIG’s business lines, indicating continued organic momentum and supporting the company’s outlook. AIG Q2 earnings beat as NPW grows across all three lines
• Positive Sentiment: Dividend maintained: AIG declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a stated yield of approximately 2.5%. The dividend is payable September 30 to shareholders of record September 16.
• Neutral Sentiment: Barclays raised its price target modestly: The firm increased its target from $80 to $81 but kept an “equal weight” rating, signaling limited near-term conviction. Barclays price target update
• Negative Sentiment: Revenue and investment income disappointed: Quarterly revenue of roughly $7.08-$7.09 billion fell short of the $7.25 billion consensus estimate. Weaker investment income partially offset the underwriting gains, which may explain why the stock remained under pressure despite the EPS beat. AIG quarterly earnings report

American International Group Company Profile

American International Group, Inc (AIG) is a global insurance holding company that provides a broad range of property-casualty insurance, specialty insurance, and risk management solutions to institutional, commercial and individual customers. Through its operating subsidiaries, AIG underwrites commercial and personal lines products—ranging from general liability, property, and casualty coverages to specialty lines such as professional liability, surety, cyber and marine—along with related services designed to help clients manage and transfer risk.

The company also has a long history in life insurance, retirement solutions and asset management through businesses that have been restructured or separated over time.