American Equity Declares Second Quarter 2020 Preferred Stock Dividend
May 05 2020 - 4:15PM
Business Wire
American Equity Investment Life Holding Company (NYSE: AEL),
today announced that in accordance with the terms of its 5.95%
Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the
“Preferred Stock”), which is represented by depositary shares, each
representing a 1/1,000th interest in a share of Preferred Stock
(the “Depositary Shares”), the Board of Directors has declared a
cash dividend of $371.8750000 per share of Preferred Stock
(equivalent to $0.371875000 per Depositary Share). The dividend
will be payable on June 1, 2020 to preferred shareholders of record
as of May 15, 2020. Depositary receipts for the Preferred Stock are
listed on the New York Stock Exchange (“NYSE”) under the ticker
symbol “AELPRA”.
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its
wholly-owned subsidiaries, is a leading issuer of fixed index
annuities through independent agents, banks and broker-dealers.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200505005660/en/
Steven D. Schwartz, Vice President - Investor Relations
(515) 273-3763, sschwartz@american-equity.com
American Equity Investme... (NYSE:AEL)
Historical Stock Chart
From Mar 2024 to Apr 2024
American Equity Investme... (NYSE:AEL)
Historical Stock Chart
From Apr 2023 to Apr 2024