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Article: Record in first-quarter net earnings and twentieth consecutive annual dividend increase reported by American Heritage Life. (American Heritage Life Investment Corp.)
- Article from:
- PR Newswire
- Article date:
- April 27, 1989
CopyrightCOPYRIGHT 1989 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RECORD IN FIRST QUARTER NET EARNINGS AND TWENTIETH CONSECUTIVE
ANNUAL DIVIDEND INCREASE REPORTED BY AMERICAN HERITAGE LIFE
JACKSONVILLE, Fla., April 27 /PRNewswire/ -- Record net earnings for the three months ended March 31, 1989 were reported today by American Heritage Life Investment Corporation (NYSE: AHL).
For the three months ended March 31, 1989 the company adopted two new accounting standards, Financial Accounting Standards (FAS) No. 96 Accounting for Income Taxes and FAS No. 97, Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments.
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