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

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

Raising AIG (AIG) Ests and PT on Buybacks and Lower Tax Rate - Piper Jaffray

February 12, 2016 7:28 AM EST

Piper Jaffray analyst, John Nadel, raised his PT on AIG (NYSE: AIG) $68 and reiterated his Overweight rating as Core results were in line, the company avoided a proxy battle and the company demonstrated good capital management.

AIG reported a 4Q15 op. loss of ($1.35B) vs. Piper's estimate of ($1.42B). Op. EPS was ($1.10) vs. consensus ($0.92). Ex. $2.67B of one-time expenses, core op.... More

AIG (AIG) Will Nominate John Paulson, Icahn Representative for Board Seats

February 11, 2016 4:19 PM EST

American International Group, Inc. (NYSE: AIG) said that its Board of Directors has agreed to expand the size of the AIG Board from 14 seats to 16 seats.

The Board will nominate its existing Board of Directors, as well as John Paulson, President of Paulson &... More

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