HOUSTON, July 30 /PRNewswire/ -- The Board of Directors of American
General (NYSE: AGC) today declared a regular quarterly cash dividend of
$.375 per common share. This represents the 279th consecutive quarterly
common dividend paid since 1929.
American General's Board of Directors also declared a regular quarterly
cash dividend of $.6433 per share an the company's 7% mandatorily convertible
preferred stock.
Both the common and preferred dividends are payable September 1, 1998 to
holders of record as of August 10, 1998.
American General Corporation is one of the nation's largest diversified
financial services organizations, with assets of $101 billion and market
capitalization of $18 billion. Headquartered in Houston, it is a leading
provider of retirement services, life insurance, and consumer loans to
12 million customers. American General common stock is listed on the
New York, Pacific, London, and Swiss stock exchanges.
SOURCE American General Corporation
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Related links:
http://www.agc.com
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 114643
CONTACT:
Investors: David W. Entrekin, Vice President
- Investor Relations, 212-446-3109, or Media: John E. Pluhowski,
Director - Corporate Communications, 713-831-1149, both of
American General Corporation
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