UNIQA shares: once again a strong dividend yield

Following the successful reIPO in October 2013 and the resulting sharp increase in liquidity, UNIQA shares have also been listed on the ATX index since 2014, and since 2022 they have also been part of the ATX Top Dividend, which combines the 15 stocks with the highest dividend yield on the Vienna Stock Exchange.

Share price rises again after decline in previous year

In the third year of the UNIQA 3.0 strategic programme, the UNIQA share price rose slightly overall in 2023. Starting the year at €7.05, the share price rose steadily in the first few weeks, reaching its high for the year of €8.31 on 6 March 2023. In the second half of the year, UNIQA shares traded steadily at around €7.50 and ultimately closed the 2023 stock market year at €7.46. This represents an overall year-on-year increase of 6.6 per cent. The EURO STOXX Insurance, the benchmark index for the European insurance industry, rose by around 18 per cent in the same period, while the ATX was up by just under 10 per cent. However, the UNIQA share price rose again at the beginning of 2024 and stood at €8.03 on 19 March 2024.

UNIQA share performance

In € (indexed)

Shareholder structure virtually unchanged

The shareholder structure of the UNIQA Group remained stable in 2023: the core shareholder, UNIQA Versicherungsverein Privatstiftung (Group), holds a total of 49.0 per cent of the UNIQA shares. Of these, 41.3 per cent belong to Austria Versicherungsverein Beteiligungs-Verwaltungs GmbH, while UNIQA Versicherungsverein Privatstiftung holds 7.7 per cent. Raiffeisen Bank International AG is another core shareholder that holds 10.9 per cent of shares through RZB Versicherungsbeteiligung GmbH. Finally, the core shareholder Collegialität Versicherungsverein Privatstiftung holds 3.5 per cent of the UNIQA shares. The company’s portfolio of treasury shares remains unchanged at 0.7 per cent. The free float amounted to 35.9 per cent by the end of 2023, and therefore represented more than one-third of total shares and a value of around €850 million.

The shares of the three core shareholders are counted together as a result of their pooled voting rights. Reciprocal purchase option rights have also been agreed.

Shareholder structure

Dividend of €0.57 proposed

As we are aware of our responsibility for UNIQA’s long-term sustainable development and the capital invested by our shareholders, it is important to us that UNIQA shareholders enjoy a reasonable portion of the company’s profits. On the basis of the separate financial statements of UNIQA Insurance Group AG, the Management Board will therefore propose to the Annual General Meeting the payment of a dividend of €0.57 per dividend-bearing share for the 2023 financial year. In total, this corresponds to a payout of almost €175 million.

Development of UNIQA dividends

In €

In continuous dialogue with the financial community

We attach the utmost importance to providing our shareholders, analysts, as well as the entire financial community with regular, comprehensive and upnformation regarding the company’s ongoing performance. To this end, the UNIQA management team was once again available in 2023 to answer the questions of investors and analysts at numerous virtual roadshows, investor conferences and one-on-one meetings. All reports and corporate information can also be accessed online at www.uniqagroup.com. In addition, our investor relations team is always happy to answer individual questions:

UNIQA Insurance Group AG
Investor Relations
Untere Donaustrasse 21, 1029 Vienna, Austria
Phone: (+43) 01 21175-3773
E-mail: investor.relations@uniqa.at