|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.6000 - 4.6000|
|52 Week Range||4.5000 - 6.9000|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||4.21|
|Forward Dividend & Yield||0.33 (7.31%)|
|1y Target Est||N/A|
Aegon's AEG strategic framework continues to center on simplification and growth. What initially attracted us is a very cheap valuation, but that isn't really enough to warrant investment. However, when we map out a reasonable path to earnings, we find Aegon too cheap to ignore, though admittedly, it is still probably one of the lowest-quality names in our European insurance coverage and in the whole of the European insurance space.
The settlement with the units of Netherlands-based Aegon NV (AEGN.AS) includes a $36.3 million civil fine plus $61.3 million of disgorged sums and interest, all of which will be returned to investors. It resolves claims against Aegon USA Investment Management LLC, Transamerica Asset Management Inc, Transamerica Capital Inc and Transamerica Financial Advisors Inc over 15 mutual funds, variable life investments, variable annuities and separately managed account strategies sold from July 2011 to June 2015. Aegon has said it managed $982 billion of revenue-generating investments in 2017.
Investors who want to cash in on Aegon NV’s (AMS:AGN) upcoming dividend of €0.14 per share have only 2 days left to buy the shares before its ex-dividend date, 24Read More...
Aegon, the Dutch owner of U.S. insurer Transamerica Corp, reported a slightly better-than-expected underlying earnings of 1.06 billion euros ($1.21 billion) for the first half of 2018, helped by cost-cutting and better margins in the Netherlands. "The results demonstrate Aegon continued to execute on its plans of rationalising the franchise, taking out cost, and improving investment returns," analysts from Bernstein said. CFO Matt Rider said the company was making progress towards finishing a set of financial goals set in 2016 to achieve by 2018: 10 percent return on equity, 350 million euros in cost cuts and a focus on growing its fee-based businesses in pension and asset management.
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Aegon NV (AMS:AGN) has returned to shareholders over the pastRead More...