The shareholders voted to increase the dividend for the financial year 2019 by 5 cents to EUR 1.50 per share (EUR 1.45 in the previous year). This is the seventh dividend increase in a row and represents an attractive dividend yield of 4.0 percent, based on the average share price in 2019. The dividend has risen consistently since Talanx went public in October 2012, climbing by a total of 45 cents, or an average of more than 5 percent per year, from the then figure of EUR 1.05 per share.
Talanx AG is one of the first companies in Germany to use a purely virtual general meeting format, so as to be able to hold the event on the planned date despite the coronavirus pandemic. Shareholders had the opportunity to submit questions in advance of the general meeting and were able to vote electronically until shortly before the votes were counted. A total of 4,400 shareholders registered for the meeting. Attendance was higher than in the previous year, at 93.23 (92.26) percent of Talanx’ voting share capital.