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Allianz promises dividend increase of at least 5% -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – The Allianz SE logo is visible on the Puteaux company building, near Paris in France’s financial district and business district La Defense, France. May 14, 2018, 8:01 p.m. REUTERS/Charles Platiau

BERLIN, (Reuters) – German insurer Allianz (DE), announced on Thursday plans to raise its dividend per shares by at least 5% for the fiscal year 2021 compared with previous years.

The Munich-based firm stated in an ad hoc declaration that Allianz SE aims to provide attractive dividends to shareholders.

Allianz, one of the largest money managers in the world, has more than 2.5 Trillion euros (or $2.82 trillion) under its management via bond giant Pimco or Allianz Global Investors.

($1 = 0.8853 euros)

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