Oct 6 (Reuters) - Hannover Rueck SE HNRGn.DE:
SAID ON SATURDAY: THE EXECUTIVE BOARD OF HANNOVER RE HAS DECIDED TO REALIGN THE COMPANY'S DIVIDEND POLICY
THE PAYOUT RATIO FOR THE REGULAR DIVIDEND WILL BE RAISED TO AROUND 55% OF IFRS GROUP NET INCOME
THE GOAL IS TO DISTRIBUTE A DIVIDEND PER SHARE AT LEAST ON THE LEVEL OF THE PREVIOUS YEAR AND TO INCREASE IT OVER THE LONG TERM
GOING FORWARD, IT IS ENVISAGED THAT AN ADDITIONAL SPECIAL DIVIDEND WILL ONLY BE USED IN EXCEPTIONAL CIRCUMSTANCES
FURTHERMORE, THE GOAL IS TO DISTRIBUTE A DIVIDEND PER SHARE AT LEAST ON THE LEVEL OF THE PREVIOUS YEAR AND TO INCREASE IT OVER THE LONG TERM
THE NEW DIVIDEND POLICY IS TO BE APPLIED FOR THE FIRST TIME WITH EFFECT FROM THE 2025 FINANCIAL YEAR
Further company coverage: [HNRGn.DE]
(Gdansk Newsroom)
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