Dividend for fiscal year 2021
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Dividend resolution by Annual General Meeting
Dividend entitlement date
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.
Amendment of the dividend policy
Allianz SE strives to offer attractive dividends to its shareholders. The framework for this is determined by our net income and the need for an adequate capitalization.
- The regular pay-out remains at 50% of Allianz Group net income (attributable to shareholders), however, adjusted for extraordinary and volatile items.
- In the interest of an attractive dividend policy, the further objective is to pay a dividend per share in an amount of at least 5% above the amount of the previous year. This shall already apply to the dividend for fiscal year 2021.
- In addition, Allianz returns excess capital to its shareholders on a flexible basis, e.g. through share buy-backs.
- The dividend policy is subject to a sustainable Solvency II capitalization ratio of from now above 150% (excluding transitional measures).
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.
Published on December 2, 2021
As of May 4, 2022 (Annual General Meeting)