AIG dividend history
American International Group Inc. New (AIG) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- AIG to Redeem its Series A Preferred Stock, Represented by Depositary SharesAmerican International Group, Inc. (NYSE:AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the "Series A Preferred Stock") and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the "Depositary Shares"), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the "Redemption Date"). The redemption price per share of Series A Preferred Stock will be $25,000 (equivalent to $25.00 per Depositary Share) (the "Redemption Price"). The Redemption Price does not include an amount equal to any dividends per share t
- AIG Completes Sale of Validus Re to RenaissanceReAmerican International Group, Inc. (NYSE:AIG) today announced that is has successfully completed the previously announced sale of Validus Re to RenaissanceRe. AIG received total consideration of $3.3 billion in cash, including a pre-closing dividend, and approximately $275 million in RenaissanceRe common shares. As disclosed in May 2023, AIG will retain Talbot Underwriting and Western World, which the company purchased as part of its acquisition of Validus Holdings, Ltd. in 2018. Evercore Group L.L.C. and J.P. Morgan Securities LLC acted as financial advisors, and Wachtell, Lipton, Rosen & Katz and Debevoise & Plimpton LLP acted as legal counsel for AIG. About AIG American Internati
- Corebridge Financial Declares Special Dividend of $1.16 Per ShareCorebridge Financial, Inc. (NYSE:CRBG) ("Corebridge" or the "Company") today announced that its Board of Directors has declared a special dividend of $1.16 per share payable on November 22, 2023, to common shareholders of record on November 13, 2023. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $730 million. About Corebridge Financial Corebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $370 billion in assets under management and administration as of June 30, 2023, Corebridge Financial is one of the largest providers of retirement solutions and insurance produ
- Corebridge Financial Declares Special Dividend of $0.62 Per ShareCorebridge Financial, Inc. (NYSE:CRBG) ("Corebridge" or the "Company") today announced that its Board of Directors has declared a special dividend of $0.62 per share payable on June 30, 2023, to common shareholders of record on June 16, 2023. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $400 million. This special dividend will be in addition to the Company's regular quarterly cash dividend of $0.23 per share which is payable on June 30, 2023, to common shareholders of record on June 16, 2023. Peter Zaffino, Chairman and Chief Executive Officer of majority shareholder AIG (NYSE:AIG), and Chairman of the Board of Directors o
- American Financial Group and American International Group Reach Agreement for AFG's Purchase of Crop Risk Services from AIGAmerican Financial Group, Inc. (NYSE:AFG) and American International Group (NYSE:AIG) today announced they have entered into a definitive agreement whereby AFG will purchase Crop Risk Services ("CRS") from AIG. CRS is a primary crop insurance general agent based in Decatur, Illinois, with 2022 gross written premiums of approximately $1.2 billion and is the seventh largest provider of multi-peril crop insurance in the United States, based on 2022 premiums. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230502006213/en/ Under the terms of the transaction, AFG will pay AIG $240 million in cash at closing, subject to certain closing
- AIG Life & Retirement Introduces 5-Year Index Annuity for New YorkPower Index 5 NY combines guaranteed growth with more flexibility AIG Life & Retirement, a leading provider of annuities, today announced the launch of Power Index 5 NYSM, a 5-year index annuity developed exclusively for New York and the latest addition to The Power Series of Index Annuities®. Power Index 5 NY is issued by The United States Life Insurance Company in the City of New York (US Life), a member company of American International Group, Inc (NYSE:AIG). With inflation rising at its fastest pace in 40 years, consumers may be looking for a retirement product that guarantees growth to help offset increasing costs. Power Index 5 NY combines tax-deferred growth potential and protectio
- AIG Life & Retirement Creates New Category of Structured Investing with Advanced Outcomes AnnuityNew Variable Annuity with Structured Outcome Investments Offers Growth Potential, Targeted Downside Protection and Investment Flexibility AIG Life & Retirement, a leading provider of annuities, today announced the launch of Advanced Outcomes AnnuitySM. This new annuity is issued by American General Life Insurance Company, a subsidiary of American International Group, Inc. (NYSE:AIG). As a variable annuity featuring structured outcome investments, the Advanced Outcomes Annuity targets higher growth than many traditional structured annuities while also seeking a level of downside protection, through the unique investment strategies that have been developed with Milliman Financial Risk Manag
- Touchstone Investments Completes Purchase of Select AIG FundsCINCINNATI, July 19, 2021 /PRNewswire/ -- Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, completed its acquisition of select assets of AIG Life & Retirement's Retail Mutual Funds business on July 16. AIG Life & Retirement is a division of American International Group, Inc. (NYSE:AIG). The planned acquisition was announced in February. "We welcome AIG Fund shareholders and their financial professionals to the Touchstone family. This acquisition reflects Touchstone's continued commitment to providing access to best-in-class institutional asset managers to a wide range of investors through our mutual funds," said Blake Moore, president and chief executi
- AIG Reports Fourth Quarter and Full Year 2020 ResultsNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the fourth quarter and full year ended December 31, 2020. For the full year of 2020, net loss attributable to AIG common shareholders was $6.0 billion, or $6.88 per common share, compared to net income of $3.3 billion, or $3.74 per diluted common share, in the prior year. The loss was primarily driven by a $6.7 billion after-tax loss from the sale and deconsolidation of Fortitude Group Holdings LLC (Fortitude) on June 2, 2020. The sale, for which AIG received $2.2 billion in consideration at closing, improved AIG’s risk profile and reduced exposure to long-tail runoff li
- Touchstone Investments to Acquire Certain Retail Mutual Fund Business Assets from AIG Life & RetirementNEW YORK--(BUSINESS WIRE)--AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), and Touchstone Investments, an indirect wholly-owned subsidiary of Western & Southern Financial Group, today announced they have entered into a definitive agreement for Touchstone to acquire certain assets of AIG Life & Retirement’s Retail Mutual Funds business. AIG’s Life & Retirement’s Retail Mutual Funds business manages $7.8 billion in assets across eighteen funds as of December 31, 2020. In the proposed transaction, which is subject to fund shareholder approval and is expected to close in mid-2021, twelve funds with approximately $7.5 billion in assets would be reo
- Touchstone Investments Announces Purchase Agreement to Acquire Select Retail Mutual Fund Business Assets from AIG Life & RetirementCINCINNATI, Feb. 8, 2021 /PRNewswire/ -- Touchstone Investments and AIG Life & Retirement, a division of American International Group, Inc. (NYSE: AIG), announced today that Touchstone Investments, a wholly owned subsidiary of Western & Southern Financial Group, has agreed to acquire select assets of AIG Life & Retirement's Retail Mutual Funds business. AIG's Retail Mutual Funds business manages $7.8 billion in assets across 18 mutual funds as of Dec. 31, 2020. Under the terms of the purchase agreement, 12 of those funds – with approximately $7.5 billion in assets – will be reorganized and merged into either existing Touchstone funds or into newly created Touchstone funds. After the reorg
- AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant ExerciseNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that in accordance with the terms of the outstanding warrants expiring January 19, 2021 (CUSIP number 026874156) (the “Warrants”) to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $42.2282 per share from $42.4151 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.067 from 1.062. Each of these adjustments will be effective at the close of business on December 14, 2020. Any Warrant exercised on or prior to December 14, 2020 will not be entitled to these adjustments. These adjust