American Equity Investment Life Holding Company (NYSE: AEL), a leading
underwriter of index and fixed rate annuities, today announced that its
Board of Directors has declared an annual cash dividend of $0.15 per
share to owners of its common stock. This is a 25% increase from the
$0.12 annual dividend declared on November 16, 2011. This marks the
fourteenth consecutive year a cash dividend has been declared and the
ninth year in a row that the Company has increased its cash dividend.
The dividend will be payable on December 17, 2012 to shareholders of
record as of December 3, 2012. There are 62,810,435 shares of common
stock outstanding as of November 14, 2012.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995.
Forward-looking statements relate to future operations, strategies,
financial results or other developments, and are subject to assumptions,
risks and uncertainties. Statements such as “guidance”, “expect”,
“anticipate”, “believe”, “goal”, “objective”, “target”, “may”, “should”,
“estimate”, “projects” or similar words as well as specific projections
of future results qualify as forward-looking statements. Factors that
may cause our actual results to differ materially from those
contemplated by these forward looking statements can be found in the
company’s Form 10-K filed with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date the statement was
made and the company undertakes no obligation to update such
forward-looking statements. There can be no assurance that other factors
not currently anticipated by the company will not materially and
adversely affect our results of operations. Investors are cautioned not
to place undue reliance on any forward-looking statements made by us or
on our behalf.
ABOUT AMERICAN EQUITY
American Equity Investment Life Holding Company, through its
wholly-owned operating subsidiaries, is a full service underwriter of a
broad line of fixed annuity and life insurance products, with a primary
emphasis on the sale of 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, visit www.american-equity.com.