IR News/Inside Information (AD-HOC)
Vienna Insurance Group defines new dividend policy
In 2005 Vienna Insurance Group defined a payout ratio of at least 30% of Group profits after taxes and non-controlling interests as its dividend policy.
In today’s meeting, the Management Board of VIG decided on a new dividend policy taking into account the feedback received from the investor survey in summer 2018. The new dividend policy defines a payout ratio in the range of 30% to 50% of Group profits after taxes and non-controlling interests. Going forward, the aim is to keep the dividend per share aligned with Group performance.
Vienna Insurance Group will release preliminary results for 2018 on 21 March 2019 as planned.