Triglav proposes $ 2.80 gross per share

The Management Board and the Supervisory Board of Zavarovalnica Triglav will propose to this year’s general meeting of shareholders the payment of a dividend in the amount of EUR 2.80 gross per share or total amount of EUR 63.7 million, exceeding 60 percent last year.

The proposal currently represents a 6 % dividend return on the Triglav share, which is above the level of expected average dividend yield of European insurance shares this year, said Zavarovalnica Triglav.

The Triglav Group operated successfully in 2024which, in addition to the increased volume of business, was influenced by certain one -off events. It generated EUR 131.4 million in net profit or EUR 159.0 million in profit or tax on taxes. The group has a high -rating « A » with a positive medium -term forecast, which confirms firm capitalization, business performance and good prospects of the Triglav Group. By 2030, it has strategically outlined ambitions to double profits and significantly increase business volume.

CEO of Zavarovalnica Triglav Andrej Slapar He said: “We strive that Triglav’s share is a stable, profitable and safe investment, which also meets the expectations of shareholders with a dividend yield. The Management Board and the Supervisory Board of the insurance company propose the payment of a dividend of about half of last year’s net consolidated profit. This year’s dividend would thus exceed 60 percent last year, which was influenced by the lower group results in the extremely demanding year 2023.

In the proposal in a balanced manner, the Management Board and the Supervisory Board took into account all the goals of the dividend policy and among them our ambitions regarding development and growth. In addition to organic growth, we will look for other opportunities for their realization. The payment of a dividend in the proposed amount will allow us to provide the target capital adequacy of the group under the middle term in terms when we would increase the need for capital due to ambitious growth. « 

The Supervisory Board approved the audited annual report by Triglav and Zavarovalnica Triglav for 2024, which will be published in accordance with the financial calendar on Monday, 31. 31.