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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -6.28 | -2.16% | 285.0656 | 285.00 | 291.73 | 285.0656 | 285.0656 | 285.0656 | 40 | 19:49:10 |
From Apr 2021 to Apr 2024
By Joshua Kirby
Allianz SE will increase its shareholder dividend by at least 5% on year starting with this year's payout, the German insurer said late Thursday.
Ahead of its capital-markets day Friday, Allianz set out its dividend policy, under which the regular payout remains at 50% of adjusted group net profit, but with a further objective of paying out at least 5% more each year than the year before. This will apply to the dividend for 2021, Allianz said.
The policy, which aims to be "attractive" to shareholders, is subject to a sustainable Solvency II capitalization ratio now above 150%, the insurer added.
The company said it will also continue to aim to return excess capital to investors in a flexible manner, through, for example, share buybacks.
Write to Joshua Kirby at joshua.kirby@wsj.com; @joshualeokirby
(END) Dow Jones Newswires
December 03, 2021 01:23 ET (06:23 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Allianz Ag Muenchen Namen (PK) Chart |
1 Month Allianz Ag Muenchen Namen (PK) Chart |
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