F&G Annuities & Life Announces 5% Increase in Quarterly Common Stock Dividend And Declares Dividend on Preferred Stock

F&G Annuities & Life (NYSE: FG) has announced a 5% increase in its quarterly cash dividend to $0.22 per common share, up from the previous $0.21.

Rhea-AI Summary

F&G Annuities & Life (NYSE: FG) has announced a 5% increase in its quarterly cash dividend to $0.22 per common share, up from the previous $0.21. The dividend will be paid on December 31, 2024, to stockholders of record as of December 17, 2024. Additionally, the company declared a quarterly cash dividend of $0.859375 per share on its 6.875% Series A Mandatory Convertible Preferred Stock, payable on January 15, 2025, to holders of record as of January 1, 2025.

Positive

• 5% increase in quarterly common stock dividend
• Consistent dividend payments maintained for both common and preferred stockholders

Negative

• None.

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DES MOINES, Iowa, Nov. 7, 2024 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or the "Company") today announced that its Board of Directors has declared an increase in the Company's quarterly cash dividend of 5%, to $0.22 per common share, from the previous quarterly cash dividend of $0.21 per common share. The dividend will be payable December 31, 2024, to stockholders of record as of December 17, 2024.

The Board also declared a quarterly cash dividend of $0.859375 per share of F&G's 6.875% Series A Mandatory Convertible Preferred Stock, to be paid on January 15, 2025, to holders of record as of January 1, 2025.

About F&G

F&G Annuities and Life, Inc. is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.  

Contact:
Lisa Foxworthy-Parker
SVP of Investor & External Relations
Investor.relations@fglife.com
515.330.3307

View original content:https://www.prnewswire.com/news-releases/fg-annuities--life-announces-5-increase-in-quarterly-common-stock-dividend-and-declares-dividend-on-preferred-stock-302297998.html

SOURCE F&G Annuities & Life, Inc.

FAQ

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What is F&G Annuities & Life's new quarterly dividend amount for Q4 2024?

F&G Annuities & Life (FG) increased its quarterly dividend to $0.22 per common share, payable on December 31, 2024.

When is F&G's (FG) next dividend payment date?

F&G's common stock dividend will be paid on December 31, 2024, to stockholders of record as of December 17, 2024.

How much did F&G (FG) increase its quarterly dividend in November 2024?

F&G increased its quarterly dividend by 5%, from $0.21 to $0.22 per common share.

What is F&G's (FG) preferred stock dividend amount for January 2025?

F&G's Series A Mandatory Convertible Preferred Stock dividend is $0.859375 per share, payable on January 15, 2025.