Dividends and performance
Dividend for Financial Year 2023
The Annual General Meeting on May 7, 2024, approved a dividend of € 2.35 for the financial year 2023. The dividend was distributed to shareholders on May 13, 2024.
The next AGM of Talanx AG will take place on 8 May 2025.
Dividend Policy
Talanx AG strives to achieve a good balance between attractive, sustainable and steadily increasing dividends and profitable growth.
- Dividend proposal should always be above the previous year's level
- Concentration on absolute values offers better orientation and greater resilience for the expected dividend payment than the payout ratio
- Taking into account our growth ambitions, we believe that the dividend policy represents well-balanced relation between shareholder participation and the financing requirements for our growth ambitions
For FY 2024 Talanx is proposing to the Annual General Meeting a dividend of per share of 2.70 EUR. Talanx is thus increasing the dividend by 15% compared to the previous year. As part of the mid-term financial targets up to 2027, Talanx is planning a further significant increase in dividends per share by about 50% to EUR 4.00[1]
[1] Dividend target for FY 2027; Subject to supervisory board and AGM approval
Dividend History
Year | Payment date | Amount per share | Payout ratio | Dividend yield |
|---|---|---|---|---|
2023 | 13 May 2024 | EUR 2.35 | 38% | 4.4% |
2022 | 9 May 2023 | EUR 2.00 | 43% | 4.4% |
2021 | 10 May 2022 | EUR 1.60 | 40% | 4.4% |
2020 | 11 May 2021 | EUR 1.50 | 56% | 4.5% |
2019 | 12 May 2020 | EUR 1.50 | 41% | 4.0% |
2018 | 9 May 2019 | EUR 1.45 | 52% | 4.3% |
2017 | 11 May 2018 | EUR 1.40 | 53% | 4.2% |
2016 | 11 May 2017 | EUR 1.35 | 38% | 4.8% |
2015 | 11 May 2016 | EUR 1.30 | 37% | 4.6% |
2014 | 8 May 2015 | EUR 1.25 | 41% | 4.9% |
2013 | 9 May 2014 | EUR 1.20 | 41% | 5.0% |
2012 | 7 May 2013 | EUR 1.05 | 42% | 5.2% |
Please note: The dividend yield is based on the average share price of the corresponding financial year.