Allianz SE
ISIN: DE0008404005
WKN: 840400
09 December 2024 07:35PM

EQS-Adhoc: Allianz SE: Amendment to Dividend Policy

Allianz SE · ISIN: DE0008404005 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2047369

EQS-Ad-hoc: Allianz SE / Key word(s): Dividend
Allianz SE: Amendment to Dividend Policy

09-Dec-2024 / 19:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


 

Allianz SE today decided to amend its Dividend Policy and convert it into a broader Capital Management Policy. The framework for this policy is determined by our net income and the need for an adequate capitalization.

  1. The regular dividend payout is maintained at 60% of the Allianz Group Net Income (attributable to shareholders), adjusted for extraordinary and volatile items e.g. amortization of intangible assets from business combinations, interest expenses from RT1 bonds, gains and losses from sale of operations, and non-operating market movements.
  2. In the interest of an attractive payout policy, the further objective is maintained to pay a dividend per share of at least the amount of the previous year.
  3. Further, Allianz will additionally return to its shareholders on average a minimum of 15% of Allianz Group Net Income (attributable to shareholders) as defined above (e.g. through share buy-backs) in the years 2025-27.

Please note:

  • This Capital Management Policy represents the current intention of the Board of Management and of the Supervisory Board and may be revised in the future.
  • The policy is subject to the absence of a significant earnings or capital event. Board of Management discretion includes taking into account Allianz Group’s earnings, financial condition, applicable capital and solvency requirements such as a Solvency II capitalization ratio of above 150%, prevailing operating and financial market conditions and general economic environment. Under given circumstances the additional payout can also exceed the minimum ratio of 15%.
  • Further, the dividend payment in any given year is subject to specific dividend proposals by the Board of Management and the Supervisory Board, each of which may elect to deviate from this payout policy if appropriate under the then prevailing circumstances, as well as to the decision of the Annual General Meeting.

Person making the notification: Michael Sieburg, Compliance Officer, Allianz SE

These assessments are, as always, subject to the disclaimer provided below.



End of Inside Information

Information and Explanation of the Issuer to this announcement:


 

Cautionary note regarding forward-looking statements

This document includes forward-looking statements, such as prospects or expectations, that are based on management’s current views and assumptions and subject to known and unknown risks and uncertainties. Actual results, performance figures, or events may differ significantly from those expressed or implied in such forward-looking statements.

Deviations may arise due to changes in factors including, but not limited to, the following: (i) the general economic and competitive situation in the Allianz’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit events), (iii) adverse publicity, regulatory actions or litigation with respect to the Allianz Group, other well-known companies and the financial services industry generally, (iv) the frequency and severity of insured loss events, including those resulting from natural catastrophes, and the development of loss expenses, (v) mortality and morbidity levels and trends, (vi) persistency levels, (vii) the extent of credit defaults, (viii) interest rate levels, (ix) currency exchange rates, most notably the EUR/USD exchange rate, (x) changes in laws and regulations, including tax regulations, (xi) the impact of acquisitions including and related integration issues and reorganization measures, and (xii) the general competitive conditions that, in each individual case, apply at a local, regional, national, and/or global level. Many of these changes can be exacerbated by terrorist activities.

No duty to update

Allianz assumes no obligation to update any information or forward-looking statement contained herein, save for any information we are required to disclose by law.

Privacy note

Allianz SE is committed to protecting your personal data. Find out more in our Privacy Statement.


09-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Allianz SE
Koeniginstr. 28
80802 Munich
Germany
Phone: +49 (0)89 38 00 - 7555
E-mail: investor.relations@allianz.com
Internet: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX, EURO STOXX 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 2047369

 
End of Announcement EQS News Service

2047369  09-Dec-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2047369&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 130.557,00 142.369,00 140.455,00 148.511,00 152.671,00 161.700,00 0,00
EBITDA1,2 11.512,00 11.855,00 10.751,00 13.400,00 16.737,00 17.018,00 0,00
EBITDA-Margin3 8,82 8,33 7,65 9,02 10,96 10,52 0,00
EBIT1,4 11.512,00 11.855,00 10.751,00 13.400,00 14.164,00 14.746,00 0,00
EBIT-Margin5 8,82 8,33 7,65 9,02 9,28 9,12 0,00
Net Profit (Loss)1 7.703,00 8.302,00 7.133,00 7.105,00 7.182,00 9.032,00 0,00
Net-Margin6 5,90 5,83 5,08 4,78 4,70 5,59 0,00
Cashflow1,7 25.672,00 36.448,00 32.049,00 25.124,00 17.952,00 24.462,00 0,00
Earnings per share8 17,30 18,83 16,32 15,83 16,26 21,18 23,00
Dividend per share8 9,00 9,60 9,60 10,80 11,40 13,80 14,50
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: PricewaterhouseCoopers

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Allianz
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
840400 DE0008404005 SE 113.764,70 Mio € - Kaufen 8FWH5H3Q+RG
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
11,60 11,79 0,98 16,96 2,14 4,65 0,70
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
11,40 13,80 14,50 4,92%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
08.05.2025 15.05.2025 08.08.2024 13.11.2024 14.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-0,77%
294,60 €
ATH 441,00 €
+0,19% +6,88% +21,76% +21,43% +0,00%

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