Business Services Industry

American Bankers Insurance Group Inc. Declares Dividend on its Convertible Preferred Stock

Business Wire, April 9, 1998

MIAMI--(BUSINESS WIRE)--April 9, 1998--American Bankers Insurance Group Inc. (NYSE:ABIpB) Thursday announced that its board of directors declared a dividend on the company's $3.125 Series B Convertible Preferred Stock of $0.78125 per share, payable May 1, 1998, to preferred shareholders of record on April 24, 1998.

American Bankers Insurance Group Inc. (ABIG) concentrates on marketing affordable, specialty insurance products and services through financial institutions, retailers and other entities offering consumer financing as a regular part of their business. ABIG, through its insurance subsidiaries, operates in the United States, Canada, the Caribbean, Latin America and the United Kingdom.

CONTACT: American Bankers Insurance Group Inc., Miami

P. Bruce Camacho, Executive Vice President

Investor Relations, 305/252-7060

COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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