For me it was €123 (8 shares at a price of €238) I'm also pleased every year - as I'm not really a div. investor but Allianz always makes me feel like a real investor. (I've only been active on the stock market for 2-3 years) - My grandma bought 200 shares at 69 euros back then. That's now just about 3000 euros in dividends and a personal div. return of 22%. I find it so amazing what the time factor can do.