GALVESTON, Texas, Feb. 27, 2014 (GLOBE NEWSWIRE) -- American National Insurance Company's (Nasdaq:ANAT) board of directors declared a quarterly dividend of 77 cents per share on its common stock, CUSIP #028591-105, at its February 27, 2014 board meeting. In compliance with NASDAQ's applicable dividend notice requirements, the dividend is payable March 24, 2014 to shareholders of record as of the close of business on March 10, 2014 with an ex-dividend date to be determined by the NASDAQ Stock Market, anticipated to be March 7, 2014. American National Insurance Company has paid dividends to stockholders for more than 100 consecutive years.
American National Insurance Company (American National), headquartered in Galveston, Texas, was founded in 1905 and is licensed to conduct the business of insurance in all states except New York. American National has been assigned an 'A' rating by A.M. Best Company and an 'A' rating by Standard & Poor's, both of which are nationally recognized rating agencies.
American National is also a family of companies that has, on a consolidated GAAP basis, $23.3 billion in assets, $19.1 billion in liabilities and $4.2 billion in stockholders' equity. The American National family of companies offers a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products and property and casualty insurance for personal lines, agribusiness, and targeted commercial exposures. The American National family of companies operates in all 50 states and its major insurance subsidiaries include American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Standard Life and Accident Insurance Company, Farm Family Life Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.For more information, including company news and investor relations information, visit the company's web site at www.anico.com.
CONTACT: John J. Dunn, Jr. (409) 766-6063