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Article: American Heritage Life Investment announces record earnings; directors vote four for three stock split, 13 percent dividend increase.
- Article from:
- PR Newswire
- Article date:
- February 5, 1990
CopyrightCOPYRIGHT 1990 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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AMERICAN HERITAGE LIFE INVESTMENT ANNOUNCES RECORD EARNINGS; DIRECTORS VOTE FOUR FOR THREE STOCK SPLIT, 13 PERCENT DIVIDEND INCREASE
JACKSONVILLE, Fla. Feb. 5 /PRNewswire/ -- Record earnings from operations, a 4 for 3 stock split and a 13 percent cash dividend increase were reported today by American Heritage Life Investment Corporation (NYSE: AHL).
Earnings from operations for the year ended Dec. 31, 1989 were $11,920,392, up 11.9 percent from the $10,649,624 for the year ended Dec. 31, 1988. This represents $2.65 a share for 1989 versus $2.36 for the same period in 1988. Including the sale of the old Home Office property in the fourth quarter of ...