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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Allianz Ag Muenchen Namen (PK) | USOTC:ALIZF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.128 | 0.04% | 290.128 | 277.15 | 295.00 | 290.128 | 290.128 | 290.128 | 4 | 21:20:00 |
From Jul 2019 to Jul 2024
By Monica Houston-Waesch
FRANKFURT--German insurer Allianz SE on Thursday raised its dividend for the full year, though net profit fell in the fourth quarter.
The insurer reported fourth-quarter net profit of EUR1.22 billion ($1.39 billion) compared with EUR1.26 billion in the year-earlier quarter.
Operating profit rose to EUR2.26 billion, bringing the full-year figure to EUR10.4 billion, the upper end of the company's target range, and higher than EUR10.1 billion in 2013. The company reported fourth-quarter revenue of EUR30.1 billion, up 12% from the EUR26.8 billion a year earlier.
The insurer is targeting an operating profit of EUR10.0 billion to EUR10.8 billion for 2015, it said.
Allianz said Thursday it would propose a dividend of EUR6.85 per share for 2014, up from EUR5.30 for 2013. In late 2014, Allianz said it would funnel about 50% of net profit into its dividend payout, compared with 40% previously.
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