American Financial Group, Inc. Declares Special Dividend
07 12월 2012 - 6:33AM
Business Wire
American Financial Group, Inc. (NYSE/NASDAQ: AFG) announced
today that it has declared a special, one-time cash dividend of
$0.25 per share of American Financial Group Common Stock. The
dividend is payable on December 24, 2012 to holders of record on
December 17, 2012. The aggregate amount of the payment to be made
in connection with this special dividend will be approximately $23
million.
This special dividend is in addition to the Company’s regular
quarterly cash dividend of $0.195 per share that was paid on
October 25, 2012.
AFG Co-CEOs Carl H. Lindner III and S. Craig Lindner stated:
“Today’s announcement of a $0.25 per share special dividend is a
reflection of AFG’s strong financial position and our confidence in
the Company’s financial future. Returning capital to shareholders
in this manner allows us to maintain our conservative capital
structure and preserve the financial flexibility to grow our
business, while allowing for ongoing regular dividend payments and
share repurchase opportunities.”
About American Financial Group,
Inc.
American Financial Group is an insurance holding company, based
in Cincinnati, Ohio with assets in excess of $35 billion. Through
the operations of Great American Insurance Group, AFG is engaged
primarily in property and casualty insurance, focusing on
specialized commercial products for businesses, and in the sale of
fixed and fixed-indexed annuities in the education, bank and
individual markets. Great American Insurance Group’s roots go back
to 1872 with the founding of its flagship company, Great American
Insurance Company.
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