MUV2 Dividend History & Analysis | 8.2% Yield

MUV2 has a dividend yield of 8.2% and paid 24 EUR per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 8.15%
Payout Ratio 61.9%
Growth Rate CAGR 5y 19.52%
Consistency Lifetime 98.9%
Yield on Cost 5y 12.39%
Payout FCF 42.8%
Streak Years 31
Dividend Rating 93.80%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Reinsurance

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
HG 3,160 M 6.99% 14.27%
HNR1 34,011 M 8.26% 10.45%
RZB 8,858 M 5.77% 8.40%
EG 14,105 M 2.43% 3.38%
RGA 14,087 M 2.29% 3.34%
Top 4 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
HNR1 34,011 M 18.92% 71.3%
RGA 14,087 M 6.21% 99.0%
EG 14,105 M 6.58% 98.9%
RNR 12,814 M 2.67% 99.3%
MUV2 Dividend History: Last 33 Payments (EUR) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-04-30 2026-05-05 Interim 24 +20% 4.74%
2025-05-02 2025-05-06 Final 20 +33.3% 3.42%
2024-04-26 2024-04-30 Final 15 +29.3% 3.63%
2023-05-08 2023-05-10 Final 11.6 +5.5% 3.53%
2022-04-29 2022-05-03 Final 11 +12.2% 4.74%
2021-04-29 2021-05-03 Final 9.8 0% N/A
2020-04-30 2020-05-05 Final 9.8 +5.9% N/A
2019-05-02 2019-05-06 Final 9.25 +7.6% N/A
2018-04-26 2018-04-30 Final 8.6 0% N/A
2017-04-27 2017-05-02 Final 8.6 +4.2% N/A
2016-04-28 2016-04-28 Final 8.25 +6.5% N/A
2015-04-24 2015-04-24 Final 7.75 +6.9% N/A
2014-05-02 2014-05-02 Final 7.25 +3.6% N/A
2013-04-26 2013-04-26 Final 7 +12% N/A
2012-04-27 6.25 0% N/A
2011-04-21 6.25 +8.7% N/A
2010-04-29 5.75 +4.5% N/A
2009-04-23 5.5 0% N/A
2008-04-18 5.5 +22.2% N/A
2007-04-27 4.5 +45.2% N/A
2006-04-20 3.1 +55% N/A
2005-04-29 2 +60% N/A
2004-05-27 1.25 -4.9% N/A
2003-06-12 1.315 0% N/A
2002-07-18 1.315 0% N/A
2001-07-19 1.315 +31.6% N/A
2000-07-20 0.9994 +8.6% N/A
1999-07-23 0.9203 -0% N/A
1998-11-06 0.9203 +5.9% N/A
1997-12-08 0.8692 -89.4% N/A
1996-12-09 8.1807 +18.5% N/A
1995-12-11 6.9025 +12.5% N/A
1994-12-12 6.1356 0% N/A

MUV2 Dividend FAQ

What is the Dividend Yield of MUV2?

As of May 2026, MUV2's dividend yield is 8.15%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 24.0 EUR by the current share price of 474.30.

Does MUV2 pay a dividend?

As of May 2026, MUV2 paid a dividend of 24.00 EUR in the last 12 months. The last dividend was paid on 2026-04-30 and the payout was 24 EUR.

How often does MUV2 pay dividends?

MUV2 pays dividends annually. Over the last 12 months, MUV2 has issued 1 dividend payments. The last dividend payment was made on 2026-04-30.

MUV2 dividend forecast

Based on historical data, the forecasted dividend per share for MUV2 for the next payment is 21.368 (-11.0%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 4.51%.

Will MUV2 pay dividends in 2026?

The latest dividend paid per share was 24 EUR with an Ex-Dividend Date of 2026-04-30. The next Ex-Dividend date for Münchener Rück (MUV2) is currently unknown.

What is the next Ex-Dividend Date for MUV2?

The next Ex-Dividend date for Münchener Rück (MUV2) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MUV2?

MUV2's average dividend growth rate over the past 5 years is 19.5% per year. Strong growth: MUV2's dividend growth is outpacing inflation.

What is the Yield on Cost of MUV2?

MUV2's 5-Year Yield on Cost is 12.4%. If you bought MUV2's shares at 193.65 EUR five years ago, your current annual dividend income (24.0 EUR per share, trailing 12 months) equals 12.4% of your original purchase price.

What is the Payout Consistency of MUV2?

MUV2 Payout Consistency is 98.9%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Münchener Rück has a strong track record of consistent dividend payments over its lifetime.

Does MUV2 have a good Dividend Yield?

MUV2's 8.15% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of MUV2?

The Dividend Payout Ratio of MUV2 is 61.9%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of MUV2?

MUV2's Overall Dividend Rating is 93.80%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MUV2 Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in MUV2's Outstanding Shares?

Münchener Rück's outstanding shares have decreased by approximately 2.56% annually over the past 3 years (Trend Reliability: -100.0%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has MUV2 ever had a Stock Split?

Yes, the last stock split was on Oct 28, 2003 with a ratio of 506:481. This was a forward split: Each share became 1.05 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2009 140,277,800 0%
2010 140,277,800 0%
2011 140,277,800 0%
2012 140,277,800 0%
2013 140,277,800 0%
2014 140,277,800 0%
2015 140,277,800 0%
2016 140,277,800 0%
2017 140,277,800 0%
2018 140,277,800 0%
2019 140,277,800 0%
2020 140,277,800 0%
2021 140,098,900 -0.13%
2022 139,050,100 -0.75%
2023 134,599,800 -3.2%
2024 131,432,400 -2.35%
2025 127,961,900 -2.64%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-21 03:05 UTC