EQS-Ad-hoc: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe / Key
word(s): Miscellaneous
VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe: Vienna Insurance
Group sets new dividend policy
27-Nov-2023 / 16:28 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.
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Vienna Insurance Group lets its shareholders continuously participate in
its success since its initial listing on the Vienna Stock Exchange in
1994. With regard to dividend continuity and predictability VIG aims to
pay in the future a dividend per share that is at least equal to that of
the previous year and increases continuously depending on the operating
earnings situation.
The dividend policy so far was linked to Group net profits and provided
for a distribution in the range of 30 to 50%.
In order to reflect the resilience of the business model also in the
dividend, the Management Board of VIG for the first time sets the minimum
dividend at the respective previous year’s level, based on the Groups
capital strength. The dividend per share for the 2023 financial year will
therefore amount to at least EUR 1.30 in accordance with the dividend
policy adopted today. The final dividend proposal will be communicated by
the Management Board with the preliminary results for 2023.
End of Inside Information
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27-Nov-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com
════════════════════════════════════════ ══════════ ════════════════════════ Language: English Company: VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe Schottenring 30 1010 Vienna Austria Phone: +43(0)50 390 -22000 Fax: +43(0)50 390 99-22000 E-mail: info@vig.com
Internet: www.group.vig
ISIN: AT0000908504
WKN: A0ET17
Indices: Wiener Börse (ATX), Prager Börse (PX)
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1782827
End of Announcement EQS News Service
1782827 27-Nov-2023 CET/CEST