- Allianz Malaysia Berhad (“Allianz Malaysia” or the “Company”) is pleased to announce that it has declared the following second interim single tier dividends for the financial year ended 31 December 2023:
- (a) 69.0 sen per Ordinary Share; and
- (b) 82.8 sen per Irredeemable Convertible Preference Share (“ICPS”)
- This announcement follows the Company's strong financial results recorded as of the third quarter (“Q3”) of the financial year 2023, reaffirming its position as a leading insurance and financial services provider in Malaysia.
- Previously, the Company announced a first interim single tier dividend of 31.5 sen for Ordinary Share and 37.8 sen for ICPS in May 2023.
- The Ordinary Share dividend of 100.5 sen represents Allianz Malaysia’s highest ever for a full financial year, surpassing 85.0 sen from FY 2022. ICPS also rose 120.6 sen to reach its highest ever total dividend following 102.0 sen for the FY 2022.
Allianz Malaysia Berhad Chief Executive Officer, Sean Wang, expressed his satisfaction with the financial performance of the Company, stating, "The focus for last year had been on profitable growth, and that has very much become the theme of 2023. As of Q3, the top-line had shown tremendous results, but the bottom-line had accompanied this trend and even surpassed it in some instances."
- Wang further commented, "Our strong emphasis on technical excellence has allowed us to build on the profit margin, and we are extremely pleased to be able to announce our dividends to shareholders who have continued to place their commitment and trust in us."
- Allianz Malaysia remains committed to delivering exceptional value to its shareholders and ensuring sustainable growth. The Company's results are in the right trajectory and the declaration of dividends reflect its dedication to rewarding its shareholders for their continued support.
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