Aegon NV (AEG) to Issue Dividend of $0.25 on July 6th

Aegon NV (NYSE:AEG) announced a dividend on Thursday, February 19th. Investors of record on Monday, June 15th will be given a dividend of 0.2469 per share by the financial services provider on Monday, July 6th. This represents a yield of 671.0%. The ex-dividend date is Monday, June 15th.

Aegon has raised its dividend payment by an average of 0.1%per year over the last three years. Aegon has a dividend payout ratio of 42.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Aegon to earn $0.92 per share next year, which means the company should continue to be able to cover its $0.42 annual dividend with an expected future payout ratio of 45.7%.

Aegon Stock Up 1.5%

AEG opened at $8.66 on Friday. Aegon has a 12 month low of $6.64 and a 12 month high of $8.81. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market cap of $17.36 billion, a P/E ratio of -54.09, a P/E/G ratio of 0.55 and a beta of 0.84. The stock’s 50 day moving average price is $8.20 and its 200 day moving average price is $7.77.

Aegon Company Profile

Aegon N.V. is a multinational financial services company headquartered in The Hague, Netherlands, specializing in life insurance, pensions and asset management. Established in 1983 through the merger of AGO and Ennia, Aegon has built a reputation for offering retirement solutions, savings products and protection plans aimed at helping customers secure their financial futures. The company operates under well-known brands, including Transamerica in the United States, and serves both individual and corporate clients.

Throughout its history, Aegon has pursued strategic acquisitions and partnerships to strengthen its market position and broaden its service offerings.