Word: aig
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
DEBORAH KUENSTNER: We are rethinking companies we already own that could surprise the market by initiating a dividend or raising one they already pay--and getting ready to buy more. AIG [0.3%] pays a small dividend and is in this category. We also like Exxon Mobil. They have a decent yield around 2.8%, but our guess is they would do what would be most shareholder friendly, which is to pay out more in dividends...
KUENSTNER: Companies with pricing power will still be scarce. But exceptions may be in property and casualty insurers like AIG, and in natural gas, with Apache [0.7%] and GlobalSantaFe [0.6%], an offshore-drilling contractor. They all have a positive cycle in front of them. In health care, Pfizer would be our pick, and we own J.C. Penney [2.6%] as a turnaround...
...President's tax-cutting initiative? They are people who include the charter members of the Bush "Pioneers," the corporate executives, lawyers, oilmen and others who each raised more than $100,000 for the President's election campaign. People like Maurice (Hank) Greenberg, chairman of American International Group (AIG), the global insurance carrier that has been the beneficiary of many special-interest laws over the years...
This one would go straight to his wallet. In 2002 Greenberg ranked 47th on the Forbes list of the 400 richest Americans, with an estimated worth of $3.3 billion. Much of his wealth was tied up in AIG stock. In 2001, the latest year for which complete data are available, Greenberg owned about 44 million shares of AIG. The company paid 16¢ a share in dividends, meaning Greenberg would have collected $7 million. The President's tax plan would give Greenberg an extra $2.7 million from his newly tax-free AIG dividends. That does not include the dividends he received...
...ability to keep paying and raising their dividend and have demonstrated the willingness," says Deborah Kuenstner, head of value investing at Putnam Investments. Her picks include power companies Entergy and Florida Power, oil company ExxonMobil and consumer-products maker Procter & Gamble. Other analysts like drugs (Pfizer, Wyeth), financials (AIG FleetBoston) and phones (Verizon, SBC). Proven funds that target dividends: T. Rowe Price Dividend Growth and Capital Income Builder...