UPDATE: American Equity Investment (AEL) Raises Annual Dividend 10% to $0.22; 0.8% Yield

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Go back to UPDATE: American Equity Investment (AEL) Raises Annual Dividend 10% to $0.22; 0.8% Yield

American Equity Declares Annual Cash Dividend on Common Stock

November 19, 2015 4:15 PM EST

WEST DES MOINES, Iowa--(BUSINESS WIRE)-- American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today announced that its Board of Directors has declared an annual cash dividend of $0.22 per share to owners of its common stock. This is a 10% increase from the $0.20 annual dividend declared on November 20, 2014. This marks the seventeenth consecutive year a cash dividend has been declared and the twelfth year in a row that the Company has increased its cash dividend.

The dividend will be payable on December 14, 2015 to shareholders of... More