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United States

American Financial Group Inc (AFG)

AFG on New York Consolidated

74.67USD
29 Sep 2016
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Latest Key Developments (Source: Significant Developments)

American Financial says increases annual dividend by 12 pct
Wednesday, 17 Aug 2016 04:30pm EDT 

American Financial Group Inc : American financial group, inc. Increases annual dividend by 12%; eleventh consecutive year of dividend increases .Increased dividendwill be paid on a quarterly basis of $0.3125 per share of common stock beginning in october 2016.  Full Article

American Financial Group sees FY 2016 core operating EPS $5.35 to $5.75
Tuesday, 2 Aug 2016 05:00pm EDT 

American Financial Group Inc : American Financial Group, Inc. Announces second quarter results . Q2 earnings per share $0.62 . Q2 core operating earnings per share $1.28 . Q2 earnings per share view $1.26 -- Thomson Reuters I/B/E/S . Sees fy 2016 core operating earnings per share $5.35 to $5.75 . Qtrly net investment income $423 million versus $404 million . Q2 revenue view $1.06 billion -- Thomson Reuters I/B/E/S .Qtrly total revenues $1.58 billion versus $1.54 billion a year ago.  Full Article

American Financial Group will receive $13.5 mln if merger terminated
Monday, 25 Jul 2016 04:21pm EDT 

American Financial Group Inc :National Interstate will pay co an amount equal to $13.5 million if merger terminated.  Full Article

American Financial Group sees Q2 core oper EPS $1.25-$1.30
Monday, 25 Jul 2016 08:45am EDT 

American Financial Group Inc : American Financial Group Inc enters into merger agreement with National Interstate; announces preliminary second quarter 2016 results . Proposed transaction will not be subject to a financing condition . NATL transaction would generate a non-core tax benefit of approximately $64 million to AFG at time it is consummated . Q2 net earnings attributable to shareholders will include a non-core charge of $65 million related to Neon's exited lines of business . Sees Q2 2016 core operating earnings per share $1.25 to $1.30 . Sees Q2 2016 earnings per share $0.60 to $0.65 . Sees FY 2016 core operating earnings per share $5.35 to $5.75 . Purchase price to acquire National Interstate shares not currently owned by Great American will be approximately $320 million .NATL special committee unanimously approves AFG's offer price of $32.00 per share and $0.50 per share pre-closing dividend.  Full Article

American Financial Group reports 51.2% stake in National Interstate
Wednesday, 6 Jul 2016 11:41am EDT 

:American Financial Group, Inc. reports 51.2% stake in National Interstate Corp as of July 6, 2016 - SEC Filing.  Full Article

American Financial increases offer to acquire public minority stake in National Interstate to $32 per share
Wednesday, 6 Jul 2016 08:53am EDT 

American Financial Group Inc : Says proposed transaction will not be subject to a financing condition .American financial group increases offer to acquire public minority stake in national interstate to $32 per share.  Full Article

American Financial's unit ups offer price to acquire National Interstate to $30.75/shr
Monday, 27 Jun 2016 10:24am EDT 

American Financial Group : American Financial Group - on June 24, its unit Great American increased price of its earlier proposal to acquire National Interstate Corp by $0.75 to $30.75 per share Source: (http://1.usa.gov/28XQl7G ) Further company coverage: [NATL.O] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

American Financial Group enters into new credit agreement - SEC filing
Thursday, 2 Jun 2016 01:29pm EDT 

American Financial Group Inc: Entered into a credit agreement with Bank Of America, N.A., as administrative agent - SEC filing . Under credit agreement company may borrow up to $500 million; maturity date of credit agreement is June 2, 2021 .Credit agreement dated as of December 5, 2012 was terminated in connection with entering into new credit agreement.  Full Article

American Financial Group, Inc. Declares Quarterly Dividend
Friday, 1 Apr 2016 08:45am EDT 

American Financial Group, Inc:declared a regular dividend of $0.28 per share of American Financial Group Common Stock.The dividend is payable on April 25, 2016 to holders of record on April 15, 2016.  Full Article

American Financial Group proposes to acquire stake in National Interstate Corporation
Monday, 7 Mar 2016 08:00am EST 

American Financial Group:Proposes to acquire public minority stake in National Interstate Corporation for $30.00 per share in cash.Says aggregate purchase price would be $293 million.Says the proposed transaction will not be subject to a financing condition.Afg expects that National Interstate board of directors will appoint special committee to consider proposed deal.  Full Article

BRIEF-American Financial says increases annual dividend by 12 pct

* American financial group, inc. Increases annual dividend by 12%; eleventh consecutive year of dividend increases