American International Group Increases Quarterly Dividend From $0.36 To $0.40 Per Share
Portfolio Pulse from Benzinga Newsdesk
American International Group (AIG) has announced an increase in its quarterly dividend from $0.36 to $0.40 per share, marking an 11% increase and the second consecutive year of 10%+ dividend increases.
May 02, 2024 | 12:52 pm
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POSITIVE IMPACT
AIG has increased its quarterly dividend to $0.40 per share, an 11% increase, continuing its trend of significant dividend growth.
Dividend increases are often viewed positively by the market as they signal confidence in the company's financial health and future earnings potential. AIG's announcement of an 11% increase in its quarterly dividend, marking the second consecutive year of significant increases, is likely to be seen as a strong commitment to returning value to shareholders. This could lead to increased investor confidence and potentially a positive short-term impact on AIG's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100