AIG hikes dividend by 12.5% to $0.36 quarterly in 2023

For the first time since 2016 insurance company American International Group (AIG) has announced a dividend hike with the quarterly payment being raised from $0.32 to $0.36 per share quarterly. This 12.5% dividend hike brings the total annual dividend payment for AIG to $1.07 billion annually.

The next AIG dividend will be paid on June 30, 2023 to shareholders of record on June 16, 2023. The dividend yield is 2.89% at a stock price of $49.88 for AIG.

American International Group, Inc. is a global insurance company. The company provides a range of property and casualty insurance, life insurance, retirement solutions, and other financial services to customers in countries worldwide.