F&G Annuities & Life Inc (FG) saw its stock price surge 5.06% in pre-market trading on Friday, following a series of positive announcements that have bolstered investor confidence in the insurance provider.
The company declared a 14% increase in its quarterly cash dividend, raising it to $0.25 per common share from the previous $0.22. This significant boost in shareholder returns demonstrates F&G's strong financial position and commitment to delivering value to its investors. The dividend will be payable on December 31, 2025, to stockholders of record as of December 17, 2025.
Adding to the positive momentum, Fidelity National Financial (FNF), F&G's parent company, announced plans to distribute approximately 12% ownership of F&G to FNF shareholders. This move, which involves the distribution of about 16 million F&G shares, is expected to enhance market liquidity and broaden investor access to F&G's stock. FNF shareholders are estimated to receive approximately six F&G shares for every 100 FNF shares held.
Furthermore, F&G reported strong third-quarter 2025 earnings, with revenue rising to $1.69 billion and a net income of $118 million, marking a significant turnaround from the net loss reported in the same quarter last year. This return to profitability, coupled with the dividend increase and share distribution plan, has created a perfect storm of positive catalysts driving the stock's impressive pre-market rally.
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