The board of directors of American International Group Inc. declared a three-for-two split of the company’s common stock yesterday in the form of a 50 percent common stock dividend. The dividend is payable on July 28 to shareholders of record on June 30.
The board also declared a quarterly cash dividend on the new shares of 3.7 cents per share, payable September 15 to shareholders of record on September 1. This represents an 11 percent increase in the quarterly cash dividend on AIG common stock.
Topics AIG
Was this article valuable?
Here are more articles you may enjoy.
AM Best Upgrades Credit Ratings of Missouri’s Columbia 
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’ 
IMA Latest to Sue Howden Over Alleged Employee Poaching 
