American Financial To Share More Profits, Hikes Dividend
Zacks Investment Research | Aug 21, 2019 10:29PM ET
In its concerted efforts to enhance shareholders value, the board of directors of American Financial Group Inc. (NYSE:AFG) approved a 12.5% hike in its annual dividend. This marks the 14th straight year of dividend hikes. With this, the payout now stands at $1.80 per share compared with the earlier payout of $1.60 per share. Based on yesterday’s closing price of $99.75, the new dividend will yield 1.8%, better than the the complete list of today’s Zacks #1 Rank stocks here .
Assurant provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company delivered a 9.86% positive surprise in the last reported quarter. The stock carries a Zacks Rank #2 (Buy) at present.
W. R. Berkley operates as a commercial lines writer in the United States and internationally. The company delivered a positive surprise of 28.13% in the last reported quarter. The stock currently carries a Zacks Rank #2.
It’s Illegal in 42 States, But Investors Will Make Billions Legally
In addition to the companies you read about above, today you get details on the newly-legalized industry that’s tapping into a “habit” that Americans spend an estimated $150 billion on every year.
That’s twice as much as they spend on marijuana, legally or otherwise.
Zacks special report revealing how investors can profit from this new opportunity. As more states legalize this activity, the industry could expand by as much as 15X. Zacks’ has just released a Special Report revealing 5 top stocks to watch in this space.
Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.