AIG Announces First Dividend Since 2008 as Profit Climbs

``American International Group Inc. (AIG), the insurer that repaid a U.S. bailout last year, declared its first dividend since the rescue and authorized the repurchase of $1 billion in stock after profit jumped 17 percent. Shares climbed in extended trading... The U.S. Treasury owned as much as 92 percent of AIG after the insurer's bailout, and still held a majority stake when the company reported results a year ago. AIG repurchased shares from the U.S. to help end the rescue.''