8-K
F&G Annuities & Life, Inc. (FG)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 8, 2022
F&G Annuities & Life, Inc.
(Exact Name of Registrant as Specified in its Charter)
001-41490
(Commission File Number)
| Delaware | 85-2487422 |
|---|---|
| (State or Other Jurisdiction of <br>Incorporation) | (IRS Employer Identification Number) |
| 801 Grand Avenue, Suite 2600<br><br>Des Moines, Iowa 50309<br><br>(Addresses of Principal Executive Offices)<br><br>(515) 330-3340<br><br>(Registrant’s Telephone Number, Including Area Code)<br><br>(Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
| Securities registered pursuant to Section 12(b) of the Act: | ||
|---|---|---|
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered |
| F&G Common Stock, $0.001 par value | FG | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events
On December 8, 2022, F&G Annuities & Life, Inc. (“F&G” or “the Company”) issued a press release announcing that its Board of Directors has declared an inaugural quarterly cash dividend of $0.20 per share of common stock pursuant to the previously announced dividend program in which the Company intends to pay quarterly cash dividends on its common stock at an initial aggregate amount of approximately $100 million per year. The dividend will be payable January 31, 2023, to stockholders of record as of January 17, 2023.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description |
|---|---|
| 99.1 | Press release, dated December8, 2022 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| F&G Annuities & Life, Inc. | ||
|---|---|---|
| Date: December 8, 2022 | By: | /s/ Jodi Ahlman |
| Name: Jodi Ahlman | ||
| Title: General Counsel & Secretary |
Document
Exhibit 99.1
PRESS RELEASE
F&G Annuities & Life, Inc. Declares Inaugural Quarterly Cash Dividend
Des Moines, Iowa, December 8, 2022 /PRNewswire/ – F&G Annuities & Life, Inc. (NYSE: FG) (“F&G” or “the Company”), a leading provider of annuity and life insurance products, today announced that its Board of Directors has declared an inaugural quarterly cash dividend of $0.20 per share of common stock, pursuant to the previously announced dividend program in which the Company intends to pay quarterly cash dividends on its common stock at an initial aggregate amount of approximately $100 million per year. The dividend will be payable January 31, 2023, to stockholders of record as of January 17, 2023.
Chris Blunt, President and Chief Executive Officer of F&G stated, “Our decision to pay our inaugural cash dividend demonstrates not only the underlying strength in our business but also our commitment to creating value for our shareholders. Looking forward, we will continue to balance our capital allocation strategy as we focus on driving growth while also returning a steady stream of cash flow to our shareholders.”
F&G intends to pay regular quarterly cash dividends with all future dividend payments subject to quarterly review and approval by its Board of Directors and any required regulatory approvals, based on the Company’s view of the prevailing and prospective macroeconomic conditions, regulatory landscape and business performance. The Company will announce the record date and payment date for each future dividend following completion of the relevant fiscal quarter and expects future dividends to be paid in the third month of each subsequent quarter.
About F&G
F&G Annuities & Life, Inc. is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.
SOURCE F&G Annuities & Life, Inc.
Contact:
Lisa Foxworthy-Parker
SVP of Investor & External Relations
515.330.3307
Investor.relations@fglife.com