American International Group, Inc. (NYSE:AIG) Updates On Dividend Release Date


On 2016-08-02, American International Group, Inc. (NYSE:AIG) confirmed the dividend disbursement of $0.32 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-09-29 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, American International Group, Inc. (NYSE:AIG) paid a total of $0.32 per share in dividends. This figure stood at $0.32 a share in the same period a year ago indicating a deviation of 62%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $62.9 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $74 and $57, respectively.

Taking the mathematical rating formula, the price for American International Group, Inc. (NYSE:AIG) stands at 2.08. Earnings Review American International Group, Inc. (NYSE:AIG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $1.15.

Coming to the quarter ending on 2015-12-31, American International Group, Inc. (NYSE:AIG) recorded EPS of $0.98. The reported numbers came lower than the analysts’ estimates of $0.91, demonstrating a miss of $0.07 as against reported figures.

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