American Financial Group Q3 net earnings $181 million; $4.00 special dividend
American Financial Group reported third quarter 2024 net earnings of $181 million ($2.16 per share), up from $177 million ($2.09 per share) a year earlier, while core net operating earnings fell to $194 million ($2.31 per share) from $208 million ($2.45 per share), mainly due to higher catastrophe losses including Hurricane Helene. The Board declared a $4.00 per share special dividend, totaling approximately $335 million, payable November 26, 2024, which shareholders of record on November 15, 2024 will receive.
Key points
- Q3 2024 total revenues were $2.37 billion, up from $2.16 billion in Q3 2023.
- Core net operating earnings were $194 million ($2.31 per share), down from $208 million ($2.45 per share) a year earlier.
- Special dividend of $4.00 per share, approximately $335 million in aggregate, payable November 26, 2024 to holders of record on November 15, 2024.
- The company estimates pretax losses of approximately $30 million from Hurricane Milton, to be reflected in fourth quarter 2024 results.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.