American International Group, Inc. (NYSE:AIG) will begin trading ex-dividend on September 16, 2020. The quarterly dividend payment of $ 0.32 per share is scheduled to be paid on September 30, 2020. The dividend yield based on the latest trading day closing price was 4.35 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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American International Group, Inc. recently reported second quarter financial results on August 3, 2020, after market close, insurance products and services giant disclosed income for the second quarter of $ 0.66 per share, from the revenue of $ 9,396.00 million. The quarterly earnings lowered 53.85 percent while revenues declined 23.65 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.50 per share from $ 11126.80 million in revenue. The bottom line results beat street analysts by $ 0.16 or 32.00 percent, at the same time, top line results fell short of analysts by $ 1 million or 15.56 percent.
Stock Performance
Shares of American International Group, Inc. traded up $ 1.00 or 3.52 percent on Monday, reaching $ 29.40 with volume of 6.10 million shares. American International Group, Inc. has traded high as $ 29.60 and has cracked $ 28.60 on the downward trend
The closing price of $ 29.40, representing a 76.73 % increase from the 52 week low of $ 16.07 and a 51.59 % decrease over the 52 week high of $ 58.66.
The company has a market capital of $ 25.33 billion and is part of the Financial Services sector and Insurance – Diversified industry.
American International Group, Inc. provides insurance products for commercial, institutional, and individual customers in North America and internationally. The companys General Insurance segment offers general liability, environmental, commercial automobile liability, workers compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, crop, and marine insurance.
