American Financial Group, Inc. Announces Its Conference Call and Webcast to Discuss 2019 Fourth Quarter and Full Year Results
American Financial Group, Inc. (NYSE: AFG) expects to release its 2019 fourth quarter and full year results after 5:00 p.m. (ET) on Monday, February 3, 2020. The release will be available shortly thereafter on AFG's website at www.AFGinc.com.
American Financial Group, Inc. Announces Exit from Lloyd's of London Market; Reaffirms 2019 Core Net Operating Earnings Guidance
American Financial Group, Inc. (NYSE: AFG) announced that it plans to exit the Lloyd's of London insurance market in 2020. It has initiated actions to place its Lloyd's subsidiaries including its Lloyd's Managing Agency, Neon Underwriting Ltd., into run-off. AFG will work with Neon and Neon's regulators to ensure that Neon continues to meet its obligations to policyholders and achieves an orderly run-off of operations.
American Financial Group, Inc. Declares Quarterly Dividend
American Financial Group, Inc. (NYSE: AFG) announced that it has declared a regular dividend of $0.45 per share of American Financial Group Common Stock. The dividend is payable on January 27, 2020 to holders of record on January 15, 2020.
AM Best Assigns Issue Credit Rating to American Financial Group, Inc.'s New Subordinated Debentures
AM Best has assigned a Long-Term Issue Credit Rating of "bbb+" to the new $200 million 5.125% 40-year subordinated debentures, due 2059, of American Financial Group, Inc. (AFG) (Cincinnati, OH) (NYSE: AFG). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of AFG and its subsidiaries are unchanged.
American Financial Group, Inc. Announces the Pricing of $200 Million Aggregate Principal Amount of Subordinated Debentures Due 2059
American Financial Group, Inc. (NYSE: AFG) announced today that it priced an offering of $200 million aggregate principal amount of 5.125% Subordinated Debentures due December 2059 (the "Debentures").
American Financial Group, Inc. Declares Special Dividend
American Financial Group, Inc. (NYSE: AFG) announced today that it has declared a special, one-time cash dividend of $1.80 per share of American Financial Group Common Stock. The dividend is payable on November 25, 2019 to holders of record on November 15, 2019. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $160 million.
American Financial Group, Inc. Management to Participate in Meetings Hosted by Dowling & Partners
American Financial Group, Inc. (NYSE: AFG) announced today that Carl H. Lindner III and S. Craig Lindner, Co-Chief Executive Officers, and Joseph E. (Jeff) Consolino, Executive Vice President & Chief Financial Officer, will meet with investors in a forum hosted by Dowling & Partners in New York City at 11:00 a.m. (ET) on Friday, November 22, 2019.
Amer Finl Group Set to Possibly Pullback After Yesterday's Rally of 2.11%
Amer Finl Group (NYSE:AFG) traded in a range yesterday that spanned from a low of $100.00 to a high of $106.49. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $103.43 on volume of 56,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.