This is Why Allianz SE (ALIZY) is a Great Dividend Stock

Core Insights - The primary focus for income investors is generating consistent cash flow, particularly through dividends, which are a significant portion of long-term returns [1][2] Company Overview - Allianz SE (ALIZY), headquartered in Munich, has experienced a price change of 32.42% this year and currently pays a dividend of $1.18 per share, resulting in a dividend yield of 2.91% [3] - The company's dividend yield surpasses the Insurance - Multi line industry's yield of 1.8% and the S&P 500's yield of 1.46% [3] Dividend Growth - Allianz's current annualized dividend of $1.18 represents a 15.1% increase from the previous year [4] - Over the past five years, Allianz has increased its dividend four times, averaging an annual increase of 9.02% [4] - The future growth of dividends will depend on earnings growth and the payout ratio, which is currently at 37% [4] Earnings Expectations - For the fiscal year, Allianz expects solid earnings growth, with the Zacks Consensus Estimate for 2025 at $3.23 per share, indicating a year-over-year growth rate of 17.45% [5] Investment Considerations - Dividends enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [5] - While high-yielding stocks may struggle during rising interest rates, Allianz is positioned as an attractive dividend play and a compelling investment opportunity, holding a Zacks Rank of 2 (Buy) [6]