American National Declares Quarterly Dividend

The Board of Directors of American National Insurance Company (NASDAQ: ANAT) declared a quarterly dividend of 82 cents per share on its common stock CUSIP #028591-105, at a meeting held on April 23, 2020.  In compliance with NASDAQ’s applicable dividend notice requirements, the dividend is payable June 19, 2020 to shareholders of record as of the close of business on June 5, 2020 with an ex-dividend date to be determined by the NASDAQ Stock Market, anticipated to be June 3, 2020. American National Insurance Company has paid dividends to stockholders for more than 100 consecutive years.

American National is a family of companies that has, on a consolidated GAAP basis, $28.6 billion in assets, $22.6 billion in liabilities and $6.0 billion in stockholders’ equity as of December 31, 2019. American National, founded in 1905 and headquartered in Galveston, Texas, and its subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The American National companies operate in all 50 states. Major insurance subsidiaries include American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Garden State Life Insurance Company, Standard Life and Accident Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company.

American National Insurance Company, the parent company, has been assigned an ‘A’ rating by A.M. Best Company and an ‘A’ rating by Standard & Poor’s, both of which are nationally recognized rating agencies, and is licensed to conduct the business of insurance in all states except New York.

For more information, including company news and investor relations information, visit the company’s web site at www.AmericanNational.com.

Contact: Timothy A. Walsh [phone]