AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Increased Common Stock Dividend

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AIG (AIG) Raises Quarterly Dividend 14.3% to $0.32; 2.5% Yield

February 11, 2016 4:17 PM EST

AIG (NYSE: AIG) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. This is a 14.3% increase from the prior dividend of $0.28.

The dividend will be payable on March 28, 2016, to stockholders of record on March 14, 2016, with an ex-dividend date of March 10,... More

AIG (AIG) Misses Q4 EPS by 19c; Raises Buyback to $5B, Announces Dividend Increase

February 11, 2016 4:16 PM EST

AIG (NYSE: AIG) reported Q4 EPS of ($1.10), $0.19 worse than the analyst estimate of ($0.91).

AIG also announced the following actions taken by its Board of Directors:

Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $5.0 billion. During 2015, AIG repurchased approximately $10.7 billion of shares of AIG Common Stock, pursuant to prior authorizations from the Board of Directors. AIG made additional repurchases of approximately $2.5 billion through February 11, 2016. AIGs aggregate... More