Summary
On August 7, 2019, American International Group, Inc. (AIG) filed an 8-K report primarily to announce its financial results for the quarter ended June 30, 2019, as detailed in an attached press release. While the 8-K itself does not provide the specific financial figures, it directs investors to the press release for these operational and financial condition updates. Additionally, the filing announced a significant capital return to shareholders. AIG's Board of Directors declared a cash dividend of $0.32 per share on its Common Stock. A separate, substantial cash dividend was also declared on its Series A Preferred Stock, amounting to $365.625 per share, or $0.365625 per depositary share. These dividend announcements indicate a commitment to shareholder returns.
Key Highlights
- 1AIG reported its financial results for the second quarter of 2019 via an attached press release.
- 2The company announced a cash dividend of $0.32 per share on its Common Stock.
- 3A cash dividend of $365.625 per share on its Series A 5.85% Non-Cumulative Perpetual Preferred Stock was declared.
- 4Holders of depositary shares for the preferred stock will receive $0.365625 per depositary share.
- 5The 8-K incorporates by reference two press releases dated August 7, 2019, containing the financial results and dividend announcements.