Allianz Announces New Dividend Policy

Allianz SE has made a significant announcement regarding its dividend policy. The German insurer revealed on Monday that it plans 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 Allianz's commitment to enhancing shareholder value. The company will maintain its current dividend policy of paying out 60% of net profit directly. Furthermore, Allianz intends to return at least 15% of net income to shareholders on average from 2025 to 2027.

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 positions Allianz well to implement its new dividend policy effectively.