Dividend policy of Vienna Insurance Group
The 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.
Dividend for the financial year 2020
The Managing Board of Vienna Insurance Group will propose a dividend of 75 cents for 2020. This is consistent with our prudent and sustainable capital planning and our stable dividend policy of distributing 30 to 50% of Group profits after taxes and non-controlling interests. Our shareholders are to participate in the result achieved in the financial year 2020, even in times of COVID-19. The dividend payout ratio is 41.5%.