Upcoming Hannover Rück dividend
Change(%)
+20.00%
Increase
Next payment 6€
Next payment date May 10, 2024
Last payment 5€
Last payment date May 8, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 5/7/24
Confirmed

May 10, 2024 is the date when Hannover Rück will pay 6 euros per share in dividends, offering a yield of 2.65% to its investors.

Buy shares of Hannover Rück before May 7, 2024 to secure your right to a dividend of 6 euros.

The dividend issued by Hannover Rück, 5 euros on May 8, 2023, had a yield of 0.54%.

Hannover Rückversicherung SE., a stock exchange participant in Austria, the United States, the United Kingdom and Germany, being referred to as HNR, has granted dividends to its shareholders for three years, starting to pay dividends in 2020, with no interruptions so far.

The value of the amount has varied according to the financial results evaluated by the financial department and approved by the shareholders' meeting, being delivered in a single installment, usually in the month of May, obtaining a yield of approximately 3.13%.

Payout Ratio Hannover Rück Dividends

Hannover Rück paid 3% of its net income in the last fiscal period as dividends.
Hannover Rück's earnings (25,263,099,904.00€) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of HNR1.
Dividend payout ratio
Payout Ratio

Dividend calendar of Hannover Rück

These are the most important events of the Hannover Rück calendar in 2024:

Event Day
Last trading date May 6, 2024
Ex-Dividend (Ex-Date) May 7, 2024
Record date May 8, 2024
Date of payment May 10, 2024
Data confirmed by the company Hannover Rück (HNR1).
Confirmed
Source
Historical annual dividend yields of Hannover Rück
Over the past 5 years, Hannover Rück has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Hannover Rück vs. the sector
Hannover Rück's dividend yield (2.64%) is below the sector average (2.71%).
Comparison with industry average
Hannover Rück's dividend yield is between the top 25% (2.89%) and top 75% (1.94%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Hannover Rück
Over the past 5 years, Hannover Rück's annual dividend income has fallen by more than 10%.
Dividend stability

Dividend history of Hannover Rück

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/04/2023
1. €
1 €
2022
05/05/2022
1.25 €
1.25 €
2021
05/06/2021
4.5 €
4.5 €
2020
05/07/2020
1.5 €
1.5 €
2019
05/09/2019
1.5 €
1.5 €
2018
05/08/2018
1.5 €
1.5 €
2017
05/11/2017
1.5 €
1.5 €
2016
05/11/2016
1.5 €
1.5 €
2015
05/07/2015
1.25 €
1.25 €
2014
05/08/2014
3. €
3 €
2013
05/08/2013
0.4 €
0.4 €
2012
05/04/2012
2.1 €
2.1 €
2011
05/04/2011
2.3 €
2.3 €
2010
05/05/2010
2.1 €
2.1 €
2008
05/07/2008
0.5 €
0.5 €
2007
05/04/2007
1.6 €
1.6 €
2005
06/15/2005
1. €
1 €
2004
06/03/2004
0.95 €
0.95 €
2003
05/28/2003
0.85 €
0.85 €
2001
07/23/2001
0.083333 €
0.083333 €
Hannover Rück dividend capture strategy
Step 1: Buy Hannover Rück shares (HNR1) one day before ex-dividend date
Date of purchase May 6, 2024
Next ex-dividend date May 7, 2024
Step 2: Sell Hannover Rück shares (HNR1) when the price recovers.
Date of sale (estimated) May 20, 2024
Average price recovery 13 days
Average return on cost 1.95%
The dividend capture strategy is based on historical Hannover Rück data. Past performance is no guarantee of future results.

Information about Hannover Rück

Full name Hannover Rück SE
Ticker HNR1
Sector Financial Services
Industry Insurance - Reinsurance
Market Capitalization 27.29B €
ISIN DE0008402215
Number of Employees 3,519
Description of the company

Hannover Rückversicherung SE, commonly abbreviated as Hannover Re, is a German-based reinsurer operating in more than 150 countries, mainly belonging to the Talanx AG group.

It is considered the third largest reinsurer in the world, with a gross premium in excess of 33 billion euros, offering casualty, life and non-life and property reinsurance lines, positioned in countries around the world through 170 offices, subsidiaries and branches, with more than 3,500 employees.

It was founded in 1966 as ATR (Aktiengesellschaft für Transport- und Rückversicherung) by the company "Feuerschadenverband Rheinisch-Westfälischer Zechen" (FSV), providing marine insurance, moving to Hannover in 1970 when it merged with HDI, creating subsidiaries in the United States and the United Kingdom from 1979 onwards.

In 1990, they expanded their life and health business by acquiring the Reassurance Company of Hannover (RCH) and the portfolio of Hamburger Internationale Rückversicherung (HIR), and the following year they opened the Hannover Re Arts Foundation, where they support contemporary art.

In 2001 the group is affected by the terrorist attacks on the World Trade Center, overcoming the event with little income, changing its name to "Hannover Rückversicherung AG" becoming a European stock corporation (SE) in 2013.

Frequently asked questions about Hannover Rück dividends

Hannover Rück pays dividends on a Anual basis.

Hannover Rück is listed on the Bolsa de Fráncfort and is part of the DAX40.

Hannover Rück has the Ticker or stock code HNR1.

The CEO of Hannover Rück in 2024 is Mr. Jean-Jacques Henchoz.

Hannover Rück does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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