American Financial Group (AFG) Declares $2 Special Dividend; 1.4% Yield

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American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend

November 2, 2022 5:00 PM EDT

Net earnings per share of $1.93; includes ($0.31) per share in after-tax non-core items Core net operating earnings $2.24 per share, includes $0.36 per share of after-tax catastrophe losses Specialty P&C combined ratio of 91.1% includes 2.5 points of catastrophe losses Third quarter annualized ROE of 14.7%; annualized core operating ROE of 17.1% Parent company cash and investments of approximately $760 million; excess capital of $1.3 billion at September 30, 2022 Announces special cash dividend of $2.00 per share, payable November 22, 2022 Full year 2022 core net operating earnings guidance in the... More