American International Group Inc (NYSE:AIG) announced a quarterly dividend on Thursday, February 8th, RTT News reports. Shareholders of record on Thursday, March 15th will be paid a dividend of 0.32 per share by the insurance provider on Thursday, March 29th. This represents a $1.28 dividend on an annualized basis and a yield of 2.20%.
American International Group has raised its dividend by an average of 36.8% annually over the last three years. American International Group has a dividend payout ratio of 48.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect American International Group to earn $5.57 per share next year, which means the company should continue to be able to cover its $1.28 annual dividend with an expected future payout ratio of 23.0%.
Shares of American International Group (AIG) traded down $2.20 during trading on Thursday, reaching $58.28. The company’s stock had a trading volume of 7,370,000 shares, compared to its average volume of 5,800,000. The company has a market capitalization of $52,390.00, a PE ratio of -23.41, a P/E/G ratio of 0.98 and a beta of 1.17. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.43. American International Group has a 52-week low of $57.85 and a 52-week high of $67.30.
American International Group Company Profile
American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.
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