American Financial Group, Inc. (AFG) will pay a special cash dividend of $1.50 per share in the second quarter of 2018. Last year AFG paid two special dividends. The regular dividend yields 1.3%.
The dividend is payable on May 25, 2018 to shareholders of record on May 15, 2018. The aggregate amount of this special dividend will be approximately $133 million. This special dividend is in addition to the Company’s regular quarterly cash dividend of $0.35 per share most recently paid on April 25, 2018.
American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.