WEST DES MOINES, Iowa--(BUSINESS WIRE)--Nov. 15, 2018--
American Equity Investment Life Holding Company (NYSE: AEL), a leading
issuer of fixed index annuities, today announced that its Board of
Directors has declared an annual cash dividend of $0.28 per share to
owners of its common stock. This is an 8% increase from the $0.26 annual
dividend declared on November 16, 2017. This marks the twentieth
consecutive year a cash dividend has been declared and the fifteenth
year in a row that the Company has increased its cash dividend.
The dividend will be payable on December 12, 2018 to shareholders of
record as of November 28, 2018. There are approximately 90.4 million
shares of common stock outstanding as of today.
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its
wholly-owned operating subsidiaries, issues fixed annuity and life
insurance products, with a primary emphasis on the sale of fixed index
and fixed rate annuities. American Equity Investment Life Holding
Company, a New York Stock Exchange Listed company (NYSE: AEL), is
headquartered in West Des Moines, Iowa. For more information, please
visit www.american-equity.com.
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Source: American Equity Investment Life Holding Company
Steven D. Schwartz, Vice President - Investor Relations
(515)
273-3763, sschwartz@american-equity.com