Upcoming Münchener Rückversicherungs-Gesellschaft dividend
Change(%)
+29.31%
Increase
Next payment 15€
Next payment date Apr 30, 2024
Last payment 11.6€
Last payment date May 10, 2023
00 D 00 H 00 M 00 S
Ex-Dividend: 4/26/24
Confirmed

With a yield of 3.29%, shareholders of Münchener Rückversicherungs-Gesellschaft will receive 15 euros per share in dividends on April 30, 2024.

Ensure you complete your share purchase before the Last Trading Day (April 25, 2024) to receive dividends.

Münchener Rückversicherungs-Gesellschaft, on May 10, 2023, granted a dividend of 11.6 euros to its shareholders.

Munich Re., listed on the stock markets of Hungary, Austria, the United States, Italy, the United Kingdom and Germany, is recognized with the stock exchange indicator MUV2, has been paying dividends to its investors since 1999 and has maintained a stable performance, without any interruption so far.

The calculated amount has an upward trend, being slightly higher in each fiscal year, approved by the general shareholders' meeting, which is paid in a single installment, often in the first days of the month of May, obtaining a return of approximately 3.45%.

Payout Ratio Münchener Rückversicherungs-Gesellschaft Dividends

Münchener Rückversicherungs-Gesellschaft paid 3% of its net income in the last fiscal period as dividends.
Münchener Rückversicherungs-Gesellschaft's earnings (59,333,001,216.00€) are sufficient to cover the dividend payment. This payment represents 3% of the total net profit of MUV2.
Dividend payout ratio
Payout Ratio

Dividend calendar of Münchener Rückversicherungs-Gesellschaft

These are the most important events of the Münchener Rückversicherungs-Gesellschaft calendar in 2024:

Event Day
Last trading date April 25, 2024
Ex-Dividend (Ex-Date) April 26, 2024
Record date April 29, 2024
Date of payment April 30, 2024
Data confirmed by the company Münchener Rückversicherungs-Gesellschaft (MUV2).
Confirmed
Source
Historical annual dividend yields of Münchener Rückversicherungs-Gesellschaft
Over the past 5 years, Münchener Rückversicherungs-Gesellschaft has not consistently increased the annual dividend amount.
Increasing Dividends
Dividend yield
Dividend yield of Münchener Rückversicherungs-Gesellschaft vs. the sector
Münchener Rückversicherungs-Gesellschaft's dividend yield (3.30%) is above the sector average (2.71%).
Comparison with industry average
Münchener Rückversicherungs-Gesellschaft's dividend yield is among the top 25% (2.89%) of the sector.
Evaluation with respect to competence.
Dividend yield history in Münchener Rückversicherungs-Gesellschaft
In the last 5 years, Münchener Rückversicherungs-Gesellschaft's annual dividend amount has not fallen more than 10%.
Dividend stability

Dividend history of Münchener Rückversicherungs-Gesellschaft

In this table you can see the complete history:

YearEx-DividendAmountTotal
2023
05/08/2023
11.6 €
11.6 €
2022
04/29/2022
11. €
11 €
2021
04/29/2021
9.8 €
9.8 €
2020
04/30/2020
9.8 €
9.8 €
2019
05/02/2019
9.25 €
9.25 €
2018
04/26/2018
8.6 €
8.6 €
2017
04/27/2017
8.6 €
8.6 €
2016
04/28/2016
8.25 €
8.25 €
2015
04/24/2015
7.75 €
7.75 €
2014
05/02/2014
7.25 €
7.25 €
2013
04/26/2013
7. €
7 €
2012
04/27/2012
6.25 €
6.25 €
2011
04/21/2011
6.25 €
6.25 €
2010
04/29/2010
5.75 €
5.75 €
2009
04/23/2009
5.5 €
5.5 €
2008
04/18/2008
5.5 €
5.5 €
2007
04/27/2007
4.5 €
4.5 €
2006
04/20/2006
3.1 €
3.1 €
2005
04/29/2005
2. €
2 €
2004
05/27/2004
1.25 €
1.25 €
2003
06/12/2003
1.25 €
1.25 €
2002
07/18/2002
1.25 €
1.25 €
2001
07/19/2001
1.25 €
1.25 €
2000
07/20/2000
0.95 €
0.95 €
Münchener Rückversicherungs-Gesellschaft dividend capture strategy
Step 1: Buy Münchener Rückversicherungs-Gesellschaft shares (MUV2) one day before ex-dividend date
Date of purchase Apr 25, 2024
Next ex-dividend date Apr 26, 2024
Step 2: Sell Münchener Rückversicherungs-Gesellschaft shares (MUV2) when the price recovers.
Date of sale (estimated) Jul 15, 2024
Average price recovery 80 days
Average return on cost 4.27%
The dividend capture strategy is based on historical Münchener Rückversicherungs-Gesellschaft data. Past performance is no guarantee of future results.

Information about Münchener Rückversicherungs-Gesellschaft

Full name Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Ticker MUV2
Sector Financial Services
Industry Insurance - Reinsurance
Market Capitalization 61.42B €
ISIN DE0008430026
Number of Employees 42,562
Description of the company

Munich Re., whose full name is Münchener Rückversicherungs-Gesellschaft AG, is one of the world's largest reinsurance companies, serving 160 countries, with offices in 50 of them, employing more than 41,000 people, with assets of EUR 21.2 billion in 2022.

Founded in 1880 by Carl von Thieme as Münchener Rückversicherungs-Gesellschaft, making a substantial indemnity in 1906 to those affected by the San Francisco earthquake, it had its offices in the World Trade Center in New York, which were destroyed during the 2001 attacks.

Its operations include reinsurance, where it assumes a portion of the risk of approximately 4 thousand insurance companies, covering health, life, personal accident, civil liability, fire and engineering, automobile and other policies, with gross premiums of close to 37 billion euros in 2022.

For its part, it is supported by the Ergo Group, a primary insurer, which is present in 30 countries, with more than 35 million customers, earning around 17 billion euros in 2020, both Munich Re and the Ergo Group have the company MEAG (Munich Ergo Assetmanagement GmbH) which manages assets worldwide.

Frequently asked questions about Münchener Rückversicherungs-Gesellschaft dividends

Münchener Rückversicherungs-Gesellschaft pays dividends on a Anual basis.

Münchener Rückversicherungs-Gesellschaft is listed on the Bolsa de Fráncfort and is part of the DAX40.

Münchener Rückversicherungs-Gesellschaft has the Ticker or stock code MUV2.

The CEO of Münchener Rückversicherungs-Gesellschaft in 2024 is Dr. Joachim Wenning.

Münchener Rückversicherungs-Gesellschaft does not have a growing dividend program. Dividends have not shown a steady growth in the last 5 years.

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