American Overseas Group Limited Announces Dividend on its Class B Preference Shares
Rhea-AI Summary
American Overseas Group Limited (stock symbol: AOREF) announced that its subsidiary, American Overseas Reinsurance Company Limited, declared a dividend of $1,569.00 per Class B preference share. This dividend will be payable on December 16, 2022 to shareholders on record as of December 9, 2022. The company, based in Bermuda, specializes in property/casualty insurance and reinsurance services.
Positive
- Dividend of $1,569.00 per Class B preference share to enhance shareholder income.
- Dividend payout demonstrates company's financial confidence and stability.
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, AOREF declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
HAMILTON, Bermuda, Dec. 14, 2022 (GLOBE NEWSWIRE) -- American Overseas Group Limited (BSX:AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today announced that the Board of Directors of its operating subsidiary, American Overseas Reinsurance Company Limited (“AORE”), declared a dividend on its Class B preference shares of
Information About the Company
American Overseas Group Limited is an insurance holding company incorporated in Bermuda and a tax resident of the United Kingdom. Its operating subsidiaries provide specialty property/casualty insurance, reinsurance and insurance management services. More information can be found at www.aoreltd.com
SOURCE: American Overseas Group Limited
Contact:
American Overseas Group Limited
info@aoreltd.com
FAQ
What is the dividend amount declared by American Overseas Group Limited?
When will the dividend be paid to shareholders?
Who is eligible to receive the dividend from American Overseas Group Limited?
What is the significance of the dividend for shareholders of AOREF?
