Aktia Bank Plc updates dividend policy
February 28 2024 - 9:15AM
UK Regulatory
Aktia Bank Plc updates dividend policy
Aktia Bank Plc
Stock Exchange Release
February 28th 2024 at 5.15 p.m.
Aktia Bank Plc updates dividend policy
Aktia’s goal is to provide a competitive dividend yield to its
shareholders. The amount of dividends to be paid depends on the
group's financial performance and its growth and investment needs.
In addition, Aktia wants to ensure sufficient capital adequacy also
during changing market conditions. Aktia intends to pay out a
dividend of approximately 60 per cent of the profit for the
reporting period to its shareholders.
Aktia’s goal is to achieve profitable growth in all business
areas. The capital structure must support both this growth and the
ensuring of a good level of capital adequacy.
In 2021 and 2022, Aktia paid out 60 per cent of earnings as
dividends to shareholders. The Board of Directors proposes to the
Annual General Meeting that the payment of dividends for 2023 be
EUR 0.70 per share, which corresponds to 60 per cent of the profit
for the 2023 reporting period.
Previous dividend policy: Aktia's goal is to pay out a dividend
of 60–80 per cent of the profit for the reporting period.
Aktia Bank Plc
Further information:
Outi Henriksson, CFO, tel. +358 10 247 6236
Distribution:
Nasdaq Helsinki Ltd
Mass media
www.aktia.com
Aktia is a Finnish asset manager, bank and life insurer that
has been creating wealth and wellbeing from one generation to the
next for 200 years. We serve our customers in digital channels
everywhere and face-to-face in our offices in the Helsinki, Turku,
Tampere, Vaasa and Oulu regions. Our award-winning asset management
business sells investment funds internationally. We employ
approximately 860 people around Finland. Aktia's assets under
management (AuM) on 31 December 2023 amounted to EUR
13.7 billion, and the balance sheet total was EUR 12.0
billion. Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA).
aktia.com.
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