American National Insurance Company (Nasdaq: ANAT) announced third quarter 2010 net income of $47,056,000 ($1.76 per diluted share) compared to a net gain of $32,700,000 ($1.23 per diluted share) for the same period in 2009.
Third quarter after tax operating earnings, which exclude net realized investment gains and losses, were $35,215,000 ($1.32 per diluted share), a $1,907,000 increase over the $33,308,000 ($1.24 per diluted share) in earnings for the same period in 2009. The after tax...
Below are the top life insurance stocks on the NYSE and the NASDAQ in terms of dividend yield.
Sun Life Financial Incorporated (NYSE: SLF) has a dividend yield of 5.10%. SLF's shares closed at $26.96 yesterday.
Aviva Plc (NYSE: AV) has a dividend yield of 4.80%. AV's shares closed at $12.80 yesterday.
Manulife Series Fund Inc (NYSE: MFC) has a dividend yield of 4.00%. MFC's shares closed at $12.71 yesterday.
American National Insurance Co (NASDAQ: ANAT) has a dividend yield of 4.00%....
American National Insurance (ANAT) is the "sister" company of National Western Life Insurance (NWLI), a company that I wrote about on July 17. When I call it a sister company, what I mean is that it is another closely held company controlled by the same family.
The stock has been battered the last month in two ways. It is has been tarred by association as a financial, and sold off considerably. Second, the company headquarters is in Galveston, TX, and it had to abandon its headquarters due...