AGN.AS - Aegon N.V.

Amsterdam - Amsterdam Delayed Price. Currency in EUR
4.1540
+0.0300 (+0.73%)
At close: 5:36PM CET
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Previous Close4.1240
Open4.1980
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range4.1540 - 4.2720
52 Week Range3.3700 - 4.7890
Volume10,725,933
Avg. Volume7,946,466
Market Cap8.3B
Beta (5Y Monthly)1.33
PE Ratio (TTM)20.26
EPS (TTM)0.2050
Earnings DateFeb 13, 2020
Forward Dividend & Yield0.30 (7.27%)
Ex-Dividend Date2019-08-23
1y Target Est5.61
  • Reuters

    UPDATE 4-M&G suspends $3.2 bln UK property fund as Brexit takes toll

    British fund manager M&G Investments suspended dealing in its flagship UK property fund on Wednesday, blaming Brexit uncertainty and weakness in the retail sector for a surge in investor requests to cash out. The suspension comes hot on the heels of the high-profile meltdown of investment veteran Neil Woodford's equity income fund and applies further pressure on regulators to increase investor protections on open-ended funds.

  • London Startup Aims to Bring Bond Sales Closer to Automation
    Bloomberg

    London Startup Aims to Bring Bond Sales Closer to Automation

    (Bloomberg) -- A fintech venture backed by some of the largest U.K. law firms and London Stock Exchange Group Plc has launched a product to digitize key parts of an archaic process of selling new bonds.The system, developed by London-based Nivaura, brings negotiation of the fine print in bond terms online so that legal documents can be drafted and signed digitally, according to a statement seen by Bloomberg News. It aims to speed up bond sales and potentially do away with laborious processes of submitting data by hand at banks, law firms and clearing houses.Nivaura raised $20 million in seed funding earlier this year from investors including LSEG, Allen & Overy, Linklaters, Banco Santander SA and Aegon NV. It also created the first regulated cryptocurrency bond in 2017.Nivaura’s system will start by targeting private placement notes issued from medium-term note programs - a market that sees almost $500 billion of issuance a year, according to the firm. It will later expand the platform to include syndicated transactions.A competing platform, Origin, set up by former Nomura Holdings Inc. traders Raja Palaniappan and Robert Taylor, is also digitizing legal contracts and connecting borrowers and dealers in debt markets. Luxembourg Stock Exchange has acquired a 10% stake in Origin, the company said Wednesday. Bloomberg LP, the parent of Bloomberg News, provides services that facilitate bond ordering and distributes information on new debt offerings.(Updates with Luxembourg Stock Exchange’s acquisition of Origin stake in fifth paragraph.)To contact the reporter on this story: Katie Linsell in London at klinsell@bloomberg.netTo contact the editors responsible for this story: Vivianne Rodrigues at vrodrigues3@bloomberg.net, Chris VellacottFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Penny Stocks to Watch for December 2019
    Investopedia

    Penny Stocks to Watch for December 2019

    Some penny stocks may prove strong enough to navigate a recession safely and perhaps flourish because of the tough circumstances.

  • American City Business Journals

    Latest apartment buys put Rise Properties past $1B in Seattle-area purchases since 2012

    Rise and Aegon are done buying Seattle-area apartments together for the year, but Rise has another acquisition on the horizon.

  • Moody's

    Greenwich Capital Commercial Funding Corp., 2004-GG1 -- Moody's affirms six and downgrades one class of GCCFC 2004-GG1

    Moody's rating action reflects a base expected loss of 42.3% of the current pooled balance, compared to 39.0% at Moody's last review. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.

  • Business Wire

    Aegon completes share buyback program

    Aegon has completed the share buyback program announced on September 18, 2019, aimed at neutralizing the dilutive effect of the 2019 interim dividend paid in shares. Aegon’s roots go back 175 years – to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in more than 20 countries in the Americas, Europe and Asia.

  • Business Wire

    Aegon calls USD 1 billion in perpetual capital securities

    Aegon today announces that it is exercising its right to redeem the USD 1 billion perpetual capital securities with a coupon of 6.375% issued in 2005. The redemption of these grandfathered Tier 1 securities will be effective December 15, 2019, when the principal amount of USD 1 billion will be repaid together with any accrued and unpaid interest. The securities (ISIN code: NL0000021541, CUSIP code: 007924301) are currently listed on the New York Stock Exchange with symbol AEH.

  • Do Hedge Funds Love AEGON N.V. (AEG)?
    Insider Monkey

    Do Hedge Funds Love AEGON N.V. (AEG)?

    The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]

  • Business Wire

    CORRECTING and REPLACING Aegon prices USD 925 million of Tier 2 subordinated notes

    Aegon has successfully priced USD 925 million Tier 2 subordinated notes with a fixed coupon of 5.1%. The notes are being issued by Aegon Funding Company LLC (AFC) and will be guaranteed on a subordinated basis by Aegon N.V. The first call date is on December 15, 2024, and the maturity date is on December 15, 2049. Aegon’s roots go back 175 years – to the first half of the nineteenth century.

  • Business Wire

    CORRECTING AND REPLACING Aegon prices USD 925 million of Tier 2 subordinated notes

    Aegon has successfully priced USD 925 million Tier 2 subordinated notes with a fixed coupon of 5.1%. The notes are being issued by Aegon Funding Company LLC (AFC) and will be guaranteed on a subordinated basis by Aegon N.V. The first call date is on December 15, 2024, and the maturity date is on December 15, 2049. Aegon’s roots go back 175 years – to the first half of the nineteenth century.

  • Business Wire

    Aegon prices USD 925 million of Tier 2 subordinated notes

    Aegon has successfully priced USD 925 million Tier 2 subordinated notes with a fixed coupon of 5.1%. The notes are being issued by Aegon Funding Company LLC (AFC) and will be guaranteed on a subordinated basis by Aegon N.V. The first call date is on December 22, 2024, and the maturity date is on December 22, 2049. The notes are being issued under AFC's US Registration Statement, and an application will be made to list the notes on the New York Stock Exchange.

  • 5 Excellent High-Yield Dividend Stocks to Buy
    InvestorPlace

    5 Excellent High-Yield Dividend Stocks to Buy

    High-yield stocks with low price-to-earnings ratios tend to do well over time. It's also a good deal for investors when the earnings of the company are significantly higher than the dividends paid out. This allows the company to grow its dividends even further.Beating these averages on a single basis is not that hard. But using all three criteria, it is difficult. The average dividend yield of the S&P 500 is 1.9%. The average dividend payout ratio (dividends per share divided by earnings per share) is 35%. The median P/E ratio of the S&P 500 is 14.8 times.So finding high-yield stocks that have all three traits is actually not that easy. Part of the reason is that most high-yield stocks also tend to have high payout ratios. Their high yields may signal the fact that the market thinks that earnings do not cover the dividends. The fear is that the company will have to cut the dividend in the future.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut I have chosen five stocks selling with dividend yields of 6%+ and with low payout ratios. The dividends of these stocks represent just 50% or so of earnings per share on a forward-looking basis. This is slightly higher than the average payout ratio of the S&P 500. But this is much better than typical high-yield stocks that have very high payout ratios. In addition, the dividend yields are three times higher than the average. * 7 Beverage Stocks to Buy Now In addition, these high-yield stocks have low P/E ratios, significantly below the average.These high-yield stocks are cheap and worth investing in over the long term. You can rely on them to continue to pay their dividends. Also, you get paid with these high-yield stocks to wait until the stock price rises. High-Yield Stocks: Invesco (IVZ)Dividend Yield: 8%Payout Ratio: 51%P/E Ratio: 6.4Invesco (NYS:IVZ) is an investment manager based in Atlanta, Georgia. As of Sept. 30 its assets under management were $1,184 billion -- over $1.1 trillion.IVZ stock trades at a low price-to-earnings ratio of 6.4 -- based on my calculations -- and is a very high-yield stock. IVZ pays out about half its earnings in dividends.The market has priced IVZ stock cheaply based on the flow of funds fears. Investors have been worried about the long-term outflow of funds from active investment managers like IVZ. Nevertheless, Invesco has had consistently higher AUM over each of the past 10 years.IVZ's dividends have been growing consistently over the past three years (+34%) and five years (+7%). Moreover, its payout ratio has been consistently between 50%-55% of its earnings.Look for IVZ stock to follow this consistent trend. IVZ has raised its dividend for 11 years. IVZ's dividends have plenty of room to grow given its low payout ratio history. Meredith Corporation (MDP)Dividend Yield: 7%Payout Ratio: 43.6%P/E Ratio: 6.2Meredith Corporation (NYSE:MDP) publishes People, In-Style, Better Homes and Gardens and Martha Stewart Living. In 2018 MDP also bought Time Magazine. It also owns 17 TV stations. Meredith Corporation is recognized as the number-one magazine operator in the U.S.MDP stock is very cheap at just 6.2 times forward earnings.Moreover, its $2.30 dividend rate is only 43.6% of projected earnings. That is a very low payout ratio. It allows room for MDP to continue to raise its dividend.The chart above shows that its payout ratio has been consistently low. This has allowed MDP to raise its dividend over the past 26 years. * 10 Super Boring Stocks to Buy With Super Safe Returns Concerns about the company's weak earnings outlook and missed expectations have kept MDP stock cheap. Despite underperforming growth expectations, MDP stock continues to offer a high dividend yield, low P/E and low payout ratio. This is the kind of formula to which value investors are very attracted. The Chemours Company (CC)Dividend Yield: 7.5%Payout Ratio: 39.4%P/E Ratio: 5.3Chemours (NYSE:CC) is a specialized chemical company that makes products like refrigerants, fire suppression chemicals and titanium dioxide.CC stock was spun off from Dow (NYSE:DOW) in 2015. Right now CC stock has a 7.5% dividend yield. But earnings are over twice its dividend rate. The payout ratio is only 39%.Given the market's concern about Chemour's cyclical nature and its potential legal liabilities, the CC stock trades for just 5.3 times forward earnings expectations. Analysts note that most of the environmental liability issues have been settled. But CC stock still has a residual cheapness related to these concerns.Again, value investors are attracted to these kinds of unloved stocks. The low payout ratio allows room for the dividend to be increased over time. In the past two years, dividends have risen by over 47%. Investors get paid a high yield while they wait for CC stock to rise. Triton International (TRTN)Dividend Yield: 6.3%Payout Ratio: 45%P/E Ratio: 7.2Triton International (NYSE:TRTN) is the largest transportation leasing and equipment rental company in the U.S. -- it mostly leases intermodal shipping containers.TRTN stock has a high dividend of 6.3%, but its dividends only account for 45% of earnings. The stock is also cheap since its forward P/E ratio is just 7.2 times. The stock is a general play on international economic growth.TRTN stock is cheap now because of concerns about the effect of the U.S.-China trade war on its future growth. However, a minor amount of containers are dedicated to U.S-China trade. * 10 Great Biotech Stocks to Buy in Q4 Given that analysts expect earnings to be $4.62 this year, its P/E ratio is just 7.2 times forward earnings. Moreover, the $2.08 dividend, up 11.7% from the $1.80 rate last year, represents just 45% of its earnings. There is plenty of room for the TRTN stock dividend to rise. Meanwhile, investors receive high-yield dividends until the stock rises to its real value. Aegon (AEG)Dividend Yield: 8.3%Payout Ratio: 50%P/E Ratio: 14.1Aegon (NYSE:AEG) is a Dutch insurance company, pension manager and asset management firm. AEG stock pays a very healthy dividend of 8.3%. But its dividend is just 50% of its earnings.There is really no good reason for AEG stock to be so cheap. Its return on equity is about 10%. Yet AEG stock, at $4.20, trades for just 32% of its $13.54 book value per share.Investors can wait for the stock to recognize this incredible value. In the meantime they receive a high 8.9% dividend yield. Annualized growth over the last three years is 6.8%.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. The Guide focuses on high total yield value stocks, which includes both dividend and buyback yields. In addition, subscribers a two-week free trial. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Beverage Stocks to Buy Now * 10 Groundbreaking Technologies Created by Universities * 5 Semiconductor Stocks Worth Your Time The post 5 Excellent High-Yield Dividend Stocks to Buy appeared first on InvestorPlace.

  • Business Wire

    Thomas Wellauer to join Aegon’s Supervisory Board; Robert Dineen steps down

    Aegon announces that Thomas Wellauer will be nominated for appointment to the Supervisory Board for a four-year term. Robert W. Dineen has decided to step down as member of the Supervisory Board in light of his appointment as Non‑Executive Chairman of First Eagle, a U.S. investment manager. Mr. Wellauer (1955) has been selected because of his international experience in the insurance industry, most recently as Chief Operating Officer of Swiss Re, a global reinsurance company.

  • Reuters

    UPDATE 3-"Built on lie" funds face tougher rules starting in 2020

    The Financial Conduct Authority (FCA) said it will introduce a new category of funds investing in inherently illiquid assets, or FIIA, from September 2020, confirming proposals made last October. "The new rules and guidance are designed to protect the interests of investors, particularly during stressed market conditions," said Christopher Woolard, the FCA's executive director for strategy and competition. The funds will be subject to additional requirements, including standard risk warnings in financial promotions, enhanced depositary oversight, and a requirement to produce liquidity risk contingency plans, it said.