Aegon Announces Dividend Changes
Board of Directors Approves New Dividend Policy
WEB Aegon has announced changes to its dividend policy, effective immediately. The Board of Directors has approved a new policy that will result in a reduction in the company's dividend payout ratio.
Dividend History
The table below shows the full dividend history for Aegon Ltd. As of January 10, 2024, the company's dividend yield is 10.56%.
| Date | Dividend |
|---|---|
| January 10, 2024 | $0.17 |
| July 10, 2023 | $0.14 |
| January 10, 2023 | $0.14 |
New Dividend Policy
Under the new dividend policy, Aegon will target a dividend payout ratio of 40-50% of its earnings. This is lower than the company's previous target of 50-60%. The company says that the new policy is intended to provide it with greater financial flexibility and to support its growth plans.
The first dividend under the new policy is expected to be paid in July 2024.
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