American Equity Declares 2nd Quarter 2021 Preferred Stock Dividends
April 30 2021 - 6:58PM
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
“Series A Preferred Stock”), which is represented by depositary
shares, each representing a 1/1,000th interest in a share of Series
A Preferred Stock (the “Series A Depositary Shares”), the Board of
Directors has declared a cash dividend of $371.8750000 per share of
Series A Preferred Stock (equivalent to $0.371875000 per Series A
Depositary Share). The dividend will be payable on June 1, 2021 to
Series A Preferred Stock shareholders of record as of May 15, 2021.
Depositary receipts for the Series A Preferred Stock are listed on
the New York Stock Exchange (“NYSE”) under the ticker symbol
“AELPRA”.
Additionally, American Equity Investment Life Holding Company
today announced that in accordance with the terms of its 6.625%
Fixed-Rate Reset Non-Cumulative Preferred Stock, Series B (the
“Series B Preferred Stock”), which is represented by depositary
shares, each representing a 1/1,000th interest in a share of Series
B Preferred Stock (the “Series B Depositary Shares”), the Board of
Directors has declared a cash dividend of $414.0625000 per share of
Series B Preferred Stock (equivalent to $0.414062500 per Depositary
Share). The dividend will be payable on June 1, 2021 to Series B
Preferred Stock shareholders of record as of May 15, 2021.
Depositary receipts for the Series B Preferred Stock are listed on
the New York Stock Exchange (“NYSE”) under the ticker symbol
“AELPRB”.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210430005620/en/
Steven Schwartz | Head of Investor Relations American Equity
Investment Life Holding Company® 515-273-3763 |
sschwartz@american-equity.com
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