American Equity Investment (AEL) Raises Quarterly Dividend 6.3% to $0.34; Increases Buyback Program

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Go back to American Equity Investment (AEL) Raises Quarterly Dividend 6.3% to $0.34; Increases Buyback Program

American Equity Advances Return of Capital to Shareholders

November 22, 2021 6:45 AM EST

Declares increased common stock dividends and additional repurchase authorization

WEST DES MOINES, Iowa--(BUSINESS WIRE)-- American Equity Investment Life Holding Company (American Equity) (NYSE: AEL), a leading provider of financial dignity solutions through general account annuities, announced today that its Board of Directors has authorized repurchase of an additional $500 million of the Companys common stock. The total available authorization for share repurchase is $736 million, which the company intends to utilize to return capital to... More