Aegon reported a full-year 2024 IFRS operating result of EUR 1.5 billion, successfully delivering on its increased guidance for Operating Capital Generation (OCG) of EUR 1.2 billion. The company also met its free cash flow guidance of more than EUR 700 million for 2024, demonstrating robust financial performance.
The company proposed a final dividend of 19 eurocents per share, bringing the total dividend for the full-year 2024 to 35 eurocents, a 17% increase compared to 2023. This positions Aegon to achieve its target of approximately 40 eurocents per share over 2025, signaling strong shareholder returns.
Operational highlights included a 17% increase in World Financial Group (WFG) licensed agents to over 86,000, contributing to a 22% rise in Transamerica's distribution segment operating result to USD 191 million. The UK Workplace platform generated GBP 3.7 billion in net deposits, and Asset Management saw combined third-party net deposits of approximately EUR 14 billion.
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