AIG Declares $0.45 Quarterly Dividend Following Strong Earnings Report

American International Group, Inc. (AIG) has announced a regular quarterly dividend of $0.45 per share. This declaration follows a robust quarterly earnings report where the insurance giant surpassed analyst expectations for earnings per share (EPS). The dividend represents an annualized payout of $1.80, offering shareholders a 2.3% yield. Notably, the dividend is well-covered, with a healthy payout ratio of 23.1%, and analysts anticipate this coverage to continue with future earnings. AIG's stock price previously reacted positively to the strong earnings, rising by 6.4% after the report. This consistent dividend payout underscores the company's solid financial position and commitment to shareholder returns.