American Financial Group Inc. (AFG) Plans Quarterly Dividend of $0.22
American Financial Group (NYSE:AFG) announced a quarterly dividend on Tuesday, October 1st, StockRatingsNetwork.com reports. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.22 per share on Friday, October 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.63%.
On the ratings front, analysts at Keefe, Bruyette & Woods initiated coverage on shares of American Financial Group (NYSE:AFG) in a research note to investors on Monday, July 29th. They set a “market perform” rating and a $55.00 price target on the stock.
Shares of American Financial Group (NYSE:AFG) traded up 1.11% during mid-day trading on Tuesday, hitting $54.66. 92,542 shares of the company’s stock traded hands. American Financial Group has a one year low of $36.92 and a one year high of $54.48. The stock has a 50-day moving average of $52.76 and a 200-day moving average of $50.02. The company has a market cap of $4.863 billion and a price-to-earnings ratio of 9.85.
American Financial Group (NYSE:AFG) last released its earnings data on Monday, July 29th. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.09. The company had revenue of $709.00 million for the quarter, compared to the consensus estimate of $753.91 million. During the same quarter in the prior year, the company posted $0.91 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. Analysts expect that American Financial Group will post $4.05 EPS for the current fiscal year.
American Financial Group, Inc (NYSE:AFG) is a holding company, which through subsidiaries, is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses and in the sale of traditional fixed and fixed-indexed annuities in the individual, bank and education markets.
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