Sparebank 1 SMN: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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SpareBank 1 SMN Proposes FY 2012 Dividend of NOK 1.50 per Share
SpareBank 1 SMN announced that the Board of Directors recommends the Supervisory Board to set a cash dividend of NOK 1.50 per equity certificate for fiscal year 2012. In light of higher solvency requirements, the Board of Directors' recommendation entails a lower payout ratio for cash dividend and gifts for non-profit causes than in previous years. An allocation of NOK 30 million to non-profit causes is proposed for 2013. For fiscal year 2011, the Company paid a dividend of NOK 1.85 per share.
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