New dividend policy: Vienna Insurance Group increases dividend every year - financial expert explains.

New dividend policy: Vienna Insurance Group increases dividend every year - financial expert explains.

According to a report by www.boerse.de, the Vienna Insurance Group has set a new dividend policy. The goal is to offer its shareholders a continuously increasing dividend that is at least in line with the previous year's level. This represents a change from previous practice, where the dividend amount was linked to the consolidated net profit.

The new dividend policy is intended to underline the resilience of the Vienna Insurance Group's business model, with the minimum dividend being set based on the company's capital strength. For the 2023 financial year, the dividend per share will be at least EUR 1.30.

This change in Vienna Insurance Group's dividend policy could have various impacts on the market, consumers and the industry as a whole. The continuously increasing dividend could strengthen the trust in the company among shareholders and potential investors and increase the attractiveness of the shares. This, in turn, could lead to higher demand and an increase in the share price.

On the other hand, linking the dividend amount to the operating earnings situation could also require a certain degree of caution when investing in the company, as the dividend could rise or fall depending on the profit situation.

For the industry as a whole, the Vienna Insurance Group's new dividend policy signals an increased focus on the stability of the business model and ensuring returns for shareholders.

Overall, it is important to monitor the further development of Vienna Insurance Group's dividend policy, as it could potentially have far-reaching effects on the market and investors.