American National Insurance (ANAT) Declares $0.77 Quarterly Dividend; 2.7% Yield

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American National Announces First Quarter 2014 Results

April 23, 2014 9:40 AM EDT

GALVESTON, Texas, April 23, 2014 (GLOBE NEWSWIRE) -- American National Insurance Company (Nasdaq: ANAT) announced first quarter 2014 net income of $52,878,000 or $1.96 per diluted share compared to net income of $59,971,000 or $2.23 per diluted share for the same period in 2013.

First quarter after-tax operating income was $36,425,000 or $1.35 per diluted share, as compared with $33,652,000 or $1.25 per diluted share for the same period in 2013. After-tax operating income excludes Realized Investment Earnings which is comprised of realized investment gains, equity in earnings of unconsolidated affiliates and income from non-controlling interests after-tax. The Realized Investment Earnings for the first quarter of 2014 were... More