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.
Elisabeth Stadler, CEO:
"Based on the excellent business performance achieved, the Managing Board of Vienna Insurance Group (Wiener Versicherung Gruppe) will propose to the Annual General Meeting that the dividend for the financial year 2019 will be raised from EUR 1.00 to EUR 1.15 per share. This corresponds to an increase of +15% and a dividend payout ratio of 44.4%. The dividend yield is 4.5%. Earnings per share significantly increased to EUR 2.59, up by 27% compared to the previous year."
Historic dividend payments for the financial years 2005 - 2019
On 20 June 2005 the preference shares were converted 1:1 into ordinary shares with voting rights (ISIN AT0000908504).
Historical dividends for the financial years 1994-2004
The figures presented in the graph below show the dividends per share in Euros for the ordinary share as well as for the preference share. The seven for one stock split in July 2004 has been taken into account.