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

American International Group, Inc. (NYSE:AIGGet Free Report) declared a quarterly dividend on Thursday, August 6th. Investors of record on Wednesday, September 16th will be given 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 is Wednesday, September 16th.

American International Group has raised its dividend payment 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 Performance

NYSE AIG traded down $0.94 during mid-day trading on Friday, reaching $79.03. 1,784,427 shares of the stock were exchanged, compared to its average volume of 4,349,766. The company has a market capitalization of $41.90 billion, a P/E ratio of 13.93, a P/E/G ratio of 0.74 and a beta of 0.53. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.65 and a current ratio of 0.65. The business’s 50 day moving average is $77.19 and its 200-day moving average is $76.73. American International Group has a 1 year low of $71.25 and a 1 year high of $87.29.

American International Group (NYSE:AIGGet Free Report) last released its quarterly earnings data on Friday, August 7th. The insurance provider reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.08. American International Group had a net margin of 11.86% and a return on equity of 10.93%. The company had revenue of $7.08 billion during the quarter, compared to analysts’ expectations of $7.25 billion. During the same quarter in the previous year, the company earned $1.81 earnings per share. On average, equities research analysts forecast that American International Group will post 7.97 EPS for the current fiscal year.

Trending Headlines about American International Group

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

  • Positive Sentiment: AIG earned $2.00 per diluted share, exceeding consensus estimates of $1.92 and the Zacks estimate of $1.89. Earnings also improved from $1.81 a year earlier, supporting the view that the insurer’s profitability remains strong. American International Group Q2 Earnings Snapshot
  • Positive Sentiment: Net premiums written grew across all three of AIG’s reporting lines, indicating broad-based operating momentum. Management also characterized the quarter and first half as strong and highlighted organic growth, strategic transactions and capital returns. AIG Q2 Earnings Beat as NPW Grows Across All Three Lines AIG Delivers Strong Second Quarter Results and Exceptional First Half of the Year
  • Neutral Sentiment: Barclays raised its price target from $80 to $81 but maintained an Equal Weight rating. The modest target increase signals some upside potential, while the unchanged rating suggests limited conviction that AIG will materially outperform the broader market. Barclays Raises AIG Price Target
  • Negative Sentiment: Quarterly revenue of approximately $7.22 billion was slightly below the $7.25 billion consensus estimate. That top-line miss, combined with Barclays’ neutral stance, may be limiting the market’s reaction to the earnings beat. AIG Earnings Results and Conference Call

American International Group Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for American International Group (NYSE:AIG)

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