AFG announces bumper special dividend to follow annuity business sale
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AFG announces bumper special dividend to follow annuity business sale

Samuel Casey
May 20, 2021
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American Financial Group (AFG) has announced it plans to pay a special, one-time cash dividend of $12-$14 per share following the sale of its annuity business to Massachusetts Mutual.

The sale is due to close in the second quarter of 2021, when AFG is expected to receive after-tax cash sale proceeds of $3.4bn.

AFG

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News American Financial Group M&A
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Samuel Casey
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