AFG plans $1bn+ special dividend after annuity sale to MassMutual

American Financial Group said it intends to pay a special, one-time cash dividend of $12.00 to $14.00 a share of common stock soon after the close of the previously announced sale of its annuity business to Massachusetts Mutual Life Insurance Company.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com

      American Financial Group
      Capital
      M&A