Vienna Insurance Group Annual General Meeting 2015
Resolution to increase dividend to EUR 1.40 per share
The 24th Annual General Meeting of Vienna Insurance Group AG Wiener Versicherung Gruppe was held on 29 May 2015 at the Austria Center Vienna. Vienna Insurance Group looks back on a successful year 2014, with profit (before taxes) up by 46 percent to EUR 518.4 million and premium volume stable at EUR 9.1 billion. This underlines the long-term profitability of the leading insurance group in Austria and the CEE region. An A+ rating with a stable outlook from rating agency Standard & Poor’s also confirms Vienna Insurance Group’s financial strength.
The Annual General Meeting today approved the proposal of the Managing and Supervisory Boards to raise the dividend by 10 cents and to distribute EUR 1.40 per share. Vienna Insurance Group has therefore retained its long-standing dividend policy of distributing at least 30 percent of consolidated profit after taxes and non-controlling interests. The ex-dividend date is 3 June 2015 and the dividend payment date is 8 June 2015.
The resolutions of the Annual General Meeting were passed by large majorities. Further information is available for download at http://www.vig.com/en/annual-general-meeting.
The video of the presentation by CEO Peter Hagen at today’s Annual General Meeting will be available from about 4.00 p.m. on the Vienna Insurance Group’s website at http://www.vig.com/en/annual-general-meeting.
