Allianz Proposes Dividend Increase for Fiscal 2023
Dividend Per Share to Rise to 1380 Euros
Ex-Dividend Date Set for May 9, 2024
The Board of Management and the Supervisory Board of Allianz SE have proposed a dividend of 1380 euros per share for fiscal 2023 to the Annual General Meeting on May 8, 2024. This represents an increase from the previous year's dividend of 1140 euros per share.
The increase is part of Allianz's new dividend policy, which will see the regular pay-out rise from 50% to 60% of net income. The company has also announced a new share buyback program, which is expected to be completed by December 2024.
The expected Allianz payout dividend amount is about 1380 euros per share. The ex-dividend date is at Thursday, May 9, 2024, one working day after the annual meeting. The dividend is expected to be paid on May 13, 2024.
Allianz has a strong track record of dividend payments, having paid a total of 1140 euros per share in dividends in the last 12 months.
The company's next dividend payment date is on May 13, 2024.
Investors should note that dividends are not guaranteed and are subject to the financial performance of the company.
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