Aegon Ltd. (AEG) To Go Ex-Dividend on September 5th

Aegon Ltd. (NYSE:AEG) declared a semi-annual dividend on Thursday, August 22nd, Wall Street Journal reports. Shareholders of record on Thursday, September 5th will be given a dividend of 0.1723 per share by the financial services provider on Thursday, September 26th. This represents a yield of 4.9%. The ex-dividend date is Thursday, September 5th.

Aegon has raised its dividend payment by an average of 197.2% per year over the last three years. Aegon has a dividend payout ratio of 37.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Aegon to earn $1.00 per share next year, which means the company should continue to be able to cover its $0.35 annual dividend with an expected future payout ratio of 35.0%.

Aegon Stock Performance

NYSE:AEG opened at $6.12 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.08. The stock has a 50-day simple moving average of $6.24 and a two-hundred day simple moving average of $6.16. The firm has a market capitalization of $13.49 billion, a PE ratio of 6.58 and a beta of 1.11. Aegon has a 52-week low of $4.63 and a 52-week high of $6.96.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on AEG shares. StockNews.com cut shares of Aegon from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. UBS Group cut shares of Aegon from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 28th.

Aegon Company Profile

Aegon Ltd. provides insurance, pensions, retirement, and asset management services in the United States, the Netherlands, the United Kingdom, and internationally. The company offers life, accident, property and casualty, and health insurance; annuities, retirement plans, mutual funds, and stable value solutions; residential mortgage and digital baking services; and retail and institutional investment management solutions and retirement savings vehicles and strategies.