Allianz to Distribute 75% of Net Income to Shareholders

Allianz SE has unveiled a significant shift in its dividend policy, aiming to redistribute 75% of its net income to shareholders through a combination of dividends and share buy-backs over the next three years. This strategic move underscores the company's commitment to enhancing shareholder value.

The German insurer will maintain its current dividend policy of paying out 60% of net profit directly. Furthermore, Allianz plans to return at least 15% of net income to shareholders on average from 2025 to 2027. This dual approach ensures a balanced return on investment for its shareholders.

In its third-quarter financial report, Allianz disclosed that net income attributable to its shareholders surged 23% to €2.5 billion compared to the same period in 2023. This robust financial performance supports the company's new dividend strategy.