Mar
01
AIG in the Spotlight
Posted by Administrator under AIG
AIG (NYSE:AIG) announced a change in dividend policy and a stock repurchase program. The company will be hiking the current $0.165 quarterly dividend by approximately 20% with the May declaration.
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PAYOUT YIELD ANALYSISÂ
We are projecting the new annualized dividend to be $0.80 per share. In addition, AIG uncovered plans to repurchase $8 billion of stock, with [...]