AIG-A AIG ADRs of Series A 5.85% Non-Cumulative Preferred Stock

Holders of the Series A Preferred Stock will be entitled to receive dividend payments only when, as and if declared by our board of directors (or a duly authorized committee of the board). Dividends will be payable from the original date of issue at a rate of 5.85% per annum, payable quarterly, in arrears, on the fifteenth day of March, June, September and December of each year, beginning on June 15, 2019. Dividends on the Series A Preferred Stock will be non-cumulative. The company may redeem the stock, in whole or in part, from time to time, on or after March 15, 2024, in each case, at a redemption price equal to $25.00 per Depositary Share, plus an amount equal to any dividends per share that have been declared but not paid prior to the redemption date (with no amount in respect of any dividends that have not been declared prior to such date).  This security was issued by American International Group Inc, whose common stock symbol is AIG.

$23.42  +0.46 (2.00%)
As of 03/27/2023 10:02:51 EST     IEX book   CBOE book

---

Security Information

---

Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Insurance—Diversified
Index country:  USA
Country of incorporation:  USA
IPO date:  03/15/2019
Outstanding shares:  20,000,000
Average volume:  17,880
Market cap:   $503,000,000
Current dividend yield:  5.82%    calculation
Coupon rate:    5.850%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   03/15/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BJM0FP0