At the current share price, the dividend yield is 5.97%. The ex-date is still to be announced.
At the current share price, the proposed gross dividend of EUR 2.80 per share implies a 5.97% yield, notably above the sector average for European insurers. The total dividend amount of EUR 63.7m represents a 60% increase YoY, reflecting the strong performance of the Triglav Group in 2024.
The Management and Supervisory Boards will propose the payout at the upcoming GSM, scheduled for 3 June 2025, with the ex-date still to be announced.
After a subdued dividend in 2023 due to CAT claims and regulatory impacts, the rebound in 2024 was underpinned by both organic growth and one-offs, driving net profit to EUR 131.4m, and pre-tax earnings to EUR 159.0m. The proposed dividend corresponds to approximately 50% of consolidated net profit, in line with Triglav’s dividend policy and capital management targets.
Crucially, the Group retains its “A” credit rating with a positive outlook and remains committed to its 2030 ambition of doubling earnings and expanding business volumes. The payout strikes a balance between attractive shareholder returns and preserving capital adequacy, which remains at targeted levels even amid rising capital needs.
Triglav continues to position itself as a stable, profitable and defensive play in the regional insurance sector, with upside optionality through both organic and inorganic growth.
Dividend per Share (EUR) and Dividend Yield (%) (2014 – 2025)
Source: Triglav, InterCapital Research
