Allianz promises dividend increase of at least 5%

December 2, 2021 3:24 PM EST

FILE PHOTO: The logo of insurer Allianz SE is seen on the company building in Puteaux, in the financial and business district of La Defense near Paris, France, May 14, 2018. REUTERS/Charles Platiau

BERLIN (Reuters) - German insurer Allianz on Thursday announced plans to increase its dividend per share by at least 5% for fiscal year 2021 compared to the previous year.

"Allianz SE strives to offer attractive dividends to its shareholders," the Munich-based company said in an ad hoc statement.

Allianz is one of the world's biggest money managers with more than 2.5 trillion euros ($2.82 trillion) in assets under management through bond giant Pimco and Allianz Global Investors.

($1 = 0.8853 euros)

(Reporting by Michael Nienaber; Editing by Andrew Cawthorne)



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