Swedbank AB Raises Dividend Payout Policy-Reuters-COMPLETE STORY


Wednesday, 30 Jan 2013 12:38am EST 

Reuters reported that Swedbank AB announced that it would raise its dividend policy to distribute 75% of net profit, corresponding to SEK 10,880 million, up from a previous 50% and it would pay a fiscal year 2012 dividend of SEK 9.90 per ordinary share and SEK 9.90 per preference share. The proposed record day is March 25, 2013. The last day for trading in the Company’s shares with the right to the dividend will be March 20, 2013. If the Annual General Meeting accepts the Board’s proposal, the cash dividend is expected to be paid out by Euroclear on March 28, 2013. For fiscal year 2011, the Company paid a dividend of SEK 5.30 per ordinary share and SEK 5.30 per preference share. 

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21 Oct 2014