Company Overview - Allianz SE is headquartered in Munich and has experienced a price change of 28.32% this year [3] - The company currently pays a dividend of $1.18 per share, resulting in a dividend yield of 3%, which is higher than the Insurance - Multi line industry's yield of 1.78% and the S&P 500's yield of 1.52% [3] Dividend Performance - Allianz SE's annualized dividend of $1.18 has increased by 15.1% from the previous year [4] - Over the past five years, Allianz has raised its dividend three times, achieving an average annual increase of 7.95% [4] - The current payout ratio is 37%, indicating that Allianz paid out 37% of its trailing 12-month earnings per share as dividends [4] Future Outlook - For the fiscal year, Allianz SE anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $3.19 per share, reflecting a year-over-year growth rate of 16% [5] - The company's strong dividend profile and growth potential make it an attractive investment opportunity, supported by a strong Zacks Rank of 1 (Strong Buy) [7]
Why Allianz SE (ALIZY) is a Top Dividend Stock for Your Portfolio