Analyst Research

Report Title Price
Provider: Wright Reports
Provider: Reuters Investment Profile

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SpareBank 1 SMN Proposes FY 2012 Dividend of NOK 1.50 per Share

Wednesday, 6 Feb 2013 02:01am EST 

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. 

Company Quote

0.75 +1.36%
19 Dec 2014