American International Group Series A 5.85% Non-Cumulative Perpetual Preferred Stock
By: Tim McPartland,
Date Issued 3/7/2019
Shares Issued 20,000,000 Overallotment Shares 0
S&P Rating BBB- Moodys Baa3
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Security Ticker Symbol AIG-A OTC Grey Market AIGGZ
Market Traded ON NYSE
Dividend Payment Paid on the 15th of March, June, September and December beginning 6/15/2019
Quarterly Dividends .366 Annual Dividends 1.463
Securities may be redeemed, at the issuers option, as early as 03/15/2024 for a redemption price of $25/share plus accrued dividends
Dividend Payments Will be Qualified Distributions.
Maturity Date None
Click Here for the offering Prospectus and or final pricing documents
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
