Last $8.58 USD
Change Today -0.01 / -0.12%
Volume 1.2K
AEGOF On Other Exchanges
Symbol
Exchange
New York
EN Amsterdam
OTC US
BrsaItaliana
Frankfurt
Mexico
As of 12:28 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

aegon nv (AEGOF) Key Developments

AEGON Announces Management Changes

Aegon has appointed David Beattie as the managing director of its execution-only service Retiready. Beattie, previously Aegon customer services director will now lead Aegon's Retiready proposition as managing director. Retiready was launched in April and gives clients access to an ISA and Sipp which can invest in four Aegon insured funds. As part of the shake-up, ex Novia chief operating officer Richard Denning, who moved over to Aegon in April when it bought out its joint venture with the wrap, has also been promoted.

Aegon N.V. Declares Interim Dividend Payable as of September 19, 2014; Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Impairment Charges for the Second Quarter of 2014

AEGON N.V. announced that its 2014 interim dividend amounts to EUR 0.11 per common share. The interim dividend will be paid in cash or stock at the election of the shareholder. The value of the stock dividend will be approximately equal to the cash dividend. The company will neutralize the dilutive effect of the stock dividend on earnings per share. Aegon's shares will be quoted ex-dividend on August 21, 2014. The record date is August 25, 2014. The election period for shareholders will run from August 27 up to and including September 12, 2014. The stock fraction will be based on the average share price on Euronext Amsterdam from September 8 through September 12, 2014. The stock dividend ratio will be announced on September 17, 2014 and the dividend will be payable as of September 19, 2014. The company reported unaudited earnings results for the second quarter and six months ended June 30, 2014. For the quarter, underlying earnings before tax was EUR 514 million against EUR 481 million a year ago. The main drivers of the increase were strong net deposits in previous periods and higher equity markets in the Americas (EUR 24 million), higher margins and investment income in the Netherlands (EUR 31 million) and improved persistency in the United Kingdom (EUR 12 million). Sales were EUR 2,066 million against EUR 1,975 million a year ago. Net income was EUR 343 million against EUR 240 million a year ago, due to growth of underlying earnings, higher realized gains on investments and lower impairments. Return on equity was 8.8% against 8.0% a year ago, driven by higher net underlying earnings and lower interest expenses resulting from deleveraging. Return on equity for Aegon's ongoing businesses, excluding equity allocated to Aegon's run-off businesses, amounted to 9.6% over the same period. Operational free cash flows were EUR 370 million in the second quarter of 2014. Income before tax was EUR 432 million against EUR 261 million a year ago. Net income attributable to equity holders of company was EUR 343 million against EUR 239 million a year ago. Net underlying earnings were EUR 382 million against EUR 367 million a year ago. For the six months, underlying earnings before tax was EUR 1,012 million against EUR 945 million a year ago. Sales was EUR 4,152 million against EUR 3,713 million a year ago. Return on equity was 8.6% against 7.6% a year ago. Income before tax was EUR 924 million against EUR 526 million a year ago. Net income attributable to equity holders of company was EUR 735 million against EUR 463 million a year ago. Net underlying earnings were EUR 752 million against EUR 705 million a year ago. For the quarter, the company recorded net impairment charges of EUR 3 million and was mainly related to the foreign currency residential mortgage portfolio in Hungary due to legislation changes.

AEGON N.V., Q2 2014 Earnings Call, Aug 14, 2014

AEGON N.V., Q2 2014 Earnings Call, Aug 14, 2014

AEGON N.V.(NYSE:AEF.CL) dropped from S&P Preferred Stock Index

AEGON N.V.(NYSE:AEF.CL) dropped from S&P Preferred Stock Index

AEGON N.V. Approves Dividend for the Year 2013, Payable on June 20, 2014; Announces Board Appointments

AEGON N.V. announced that at its AGM held on May 21, 2014, the shareholders approved the final dividend for 2013 of EUR 0.11 per common share, resulting in a total dividend for the financial year 2013 of EUR 0.22 per common share. The stock fraction for the final dividend in common shares will be based upon the average price of Aegon shares as quoted on the Euronext Amsterdam Stock Exchange, calculated over the five trading days from June 9 through June 13, 2014. The dividend will be payable as of June 20, 2014. The shareholders also appointed Mr. Robert Dineen and Ms. Corien Wortmann-Kool to the Supervisory Board, both for a term of four years.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AEGOF:US $8.58 USD -0.01

AEGOF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Aviva PLC 535.50 GBp +1.50
CNP Assurances €15.00 EUR +0.09
Muenchener Rueckversicherungs AG €156.14 EUR +2.90
Old Mutual PLC 193.70 GBp -0.70
Swiss Re AG SFr.77.00 CHF +0.95
View Industry Companies
 

Industry Analysis

AEGOF

Industry Average

Valuation AEGOF Industry Range
Price/Earnings 12.2x
Price/Sales 0.3x
Price/Book 0.5x
Price/Cash Flow 10.6x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AEGON NV, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.