American Equity Declares Annual Cash Dividend on Common Stock
November 20 2014 - 4:00PM
Business Wire
American Equity Investment Life Holding Company (NYSE: AEL), a
leading underwriter of index and fixed rate annuities, today
announced that its Board of Directors has declared an annual cash
dividend of $0.20 per share to owners of its common stock. This is
an 11% increase from the $0.18 annual dividend declared on November
21, 2013. This marks the sixteenth consecutive year a cash dividend
has been declared and the eleventh year in a row that the Company
has increased its cash dividend.
The dividend will be payable on December 15, 2014 to
shareholders of record as of December 1, 2014. There are
approximately 75.7 million shares of common stock outstanding as of
today.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within
the meaning of The Private Securities Litigation Reform Act of
1995. Forward-looking statements relate to future operations,
strategies, financial results or other developments, and are
subject to assumptions, risks and uncertainties. Statements such as
“guidance”, “expect”, “anticipate”, “believe”, “goal”, “objective”,
“target”, “may”, “should”, “estimate”, “projects” or similar words
as well as specific projections of future results qualify as
forward-looking statements. Factors that may cause our actual
results to differ materially from those contemplated by these
forward looking statements can be found in the company’s Form 10-K
filed with the Securities and Exchange Commission. Forward-looking
statements speak only as of the date the statement was made and the
company undertakes no obligation to update such forward-looking
statements. There can be no assurance that other factors not
currently anticipated by the company will not materially and
adversely affect our results of operations. Investors are cautioned
not to place undue reliance on any forward-looking statements made
by us or on our behalf.
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its
wholly-owned operating subsidiaries, is a full service underwriter
of fixed annuity and life insurance products, with a primary
emphasis on the sale of index and fixed rate annuities. American
Equity Investment Life Holding Company, a New York Stock Exchange
Listed company (NYSE: AEL), is headquartered in West Des Moines,
Iowa. For more information, please visit
www.american-equity.com.
American Equity Investment Life Holding CompanyJohn M.
Matovina, Chief Executive Officer515-457-1813,
jmatovina@american-equity.comorTed M. Johnson, Chief Financial
Officer515-457-1980, tjohnson@american-equity.comorDebra J.
Richardson, Chief Administrative Officer515-273-3551,
drichardson@american-equity.comorJulie L. LaFollette, Director
of Investor Relations515-273-3602,
jlafollette@american-equity.com
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