Dividends
Capital management priorities
We aim to:
- maximise financial flexibility and ensure superior capitalisation strength at all times,
- grow our regular dividend with long-term earnings and at a minimum maintain it,
- deploy capital for business opportunities where our profitability requirements are met and finally,
- if excess capital is available, repatriation thereof to shareholders.
Dividends are typically paid out of current earnings. Swiss Re pays its dividend annually. Shares are ex-dividend two working days after the Annual General Meeting (AGM). Dividend payment is typically two working days after the ex-dividend date.
Dividends paid and year-end share price information
Adjusted by share split 2001 (20-for-1; information about the share split)
| Year | Dividend paid | Year-end share price | Tax value |
|---|---|---|---|
| 2020 | 5.90 | ||
| 2019 | 5.60 | 108.70 |
108.70 |
| 2018 | 5.00 | 90.12 |
90.12 |
| 2017 | 4.85 | 91.25 | 91.25 |
| 2016 | 4.60 | 96.50 | 96.50 |
| 20151 | 4.252 | 98.15 | 98.15 |
| 20141 | 3.853 | 83.65 | 83.65 |
| 20131 | 3.504 | 82.05 | 82.05 |
| 20121 | 3.00 | 65.90 | 65.90 |
| 20111 | 2.75 | 47.87 | 47.87 |
| 2010 | 1.00 | 50.30 | 50.30 |
| 2009 | 0.10 | 49.91 | 49.91 |
| 2008 | 4.00 | 50.30 | 50.30 |
| 2007 |
3.40
|
80.45 | 80.45 |
| 2006 |
2.50
|
103.60
|
103.60
|
| 2005 |
1.60
|
96.20
|
96.20
|
| 2004 |
1.10
|
81.10
|
81.10
|
| 2003 |
1.00
|
83.50
|
83.50
|
| 2002 |
2.50
|
90.70
|
90.70
|
| 20015 |
2.50
|
167.00
|
168.25
|
| 2000 |
2.50
|
194.25
|
189.30
|
| 1999 |
2.40
|
163.55
|
161.55
|
| 1998 |
2.20
|
179.05
|
168.00
|
| 1997 |
1.50
|
136.60
|
124.50
|
| 19966 |
1.13
|
71.45
|
70.00
|
| 1995 |
0.75
|
66.80
|
66.00
|
| 1994 |
0.53
|
39.65
|
39.00
|
For a dividend history of our American Depositary Receipts please see the ADR programme page.
Not adjusted by share split 2001 (20-for-1; information about the share split)
| Year | Dividend paid | Year-end share price | Tax value |
|---|---|---|---|
| 20015 |
50
|
n.a.
|
n.a.
|
| 2000 |
50
|
3 885
|
3 786
|
| 1999 |
48
|
3 271
|
3 231
|
| 1998 |
44
|
3 581
|
3 360
|
| 1997 |
30
|
2 732
|
2 490
|
| 19966 |
22.5
|
1 429
|
1 400
|
| 1995 |
15
|
1 342
|
1 320
|
| 1994 |
10.5
|
789
|
780
|
Notes
1 Distributions in the form of Swiss withholding tax exempt distributions out of legal reserves from capital contributions.
2 In addition to the regular dividend of CHF 4.25 per share a special dividend of CHF 3.00 per share was paid in 2015.
3 In addition to the regular dividend of CHF 3.85 per share a special dividend of CHF 4.15 per share was paid in 2014.
4 In addition to the regular dividend of CHF 3.50 per share a special dividend of CHF 4.00 per share was paid in 2013.
5 In addition to the dividend a capital repayment of CHF 8 per share (CHF 0.40 per share on adjusted basis) was paid to the shareholders on 17 August 2001.
6 In addition to the dividend a capital repayment of CHF 10 per share (CHF 0.50 per share on adjusted basis) was paid to the shareholders on 1 March 1996.