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Dividend for fiscal year 2020

The Annual General Meeting on May 5, 2021, decided a dividend for fiscal year 2020 of 9.60 euros (previous year: 9.60 euros). 

Timetable

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02/19/2021

Dividend proposal
(announced at the Annual Results Media Conference)

05/05/2021

Dividend resolution by Annual General Meeting

05/05/2021

Dividend entitlement date

05/06/2021

Ex-dividend quotation

05/10/2021

Dividend pay-out (valuta)1


1
 In accordance with § 58 (4) of the German Stock Corporation Act (AktG), the dividend is paid on the third business day following the resolution of the Annual General Meeting. This regulation was designed to harmonize securities settlements within Europe and came into effect on January 1, 2017. Before that, dividend payment was due the day after the Annual General Meeting.

Dividend policy with pay-out ratio of 50 percent

We strive to offer attractive dividends to our shareholders. The framework for this is determined by our net income and the need for an adequate capitalization.

  • Regular pay-out is 50% of Allianz Group net income (attributable to shareholders).
  • In the interest of dividend continuity, the objective is to keep the dividend per share at least at the level paid in the previous year.
  • In addition, Allianz returns capital to its shareholders on a flexible basis.
     Share buy-back
  • The dividend policy is subject to a sustainable Solvency II capitalization ratio above 160%.
     Results
     Key indicators

Please note: This dividend policy represents the current intention of the Board of Management and the Supervisory Board and may be revised in the future. Also, 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 dividend policy if appropriate under the then prevailing circumstances, as well as to the decision of the Annual General Meeting.

Dividend history

Allianz - Dividend per share and total dividend since 2006
As of May 5, 2021 (Annual General Meeting)

Taxation of the dividend for shareholders living abroad

In Germany a capital gains tax is levied on dividends and certain other capital income. Due to various international regulations, a full or partial relief from the capital gains tax is possible for individual shareholders living abroad under certain prerequisites.

Paying Agent

Paying Agent for shareholders: Commerzbank AG, 60261 Frankfurt/Main. Paying Agents for bondholders are indicated in the relevant terms and conditions which can be found here.

FAQ

Frequently asked questions on the dividend.