Dividends

Consult the dividends distributed by Banca Ifis in the last 5 years.

Dividend 2020

Dividend 2020 (0.47 euro per share) was approved by the Shareholders’ Meeting of 22 April 2021 confirming the Group’s desire to create value for its shareholders, though with a prudent approach as recommended by the Bank of Italy.

The amount was paid on 26 May 2021 with record date on 25 May 2021 and ex-dividend date (coupon no. 23) on 24 May 2021.

With regard to the dividends approved and not distributed for 2019, the Bank will continue to keep them as a decrease in the Group’s Net Equity and to account for them under Other Liabilities at least until 30 September 2021, as required by the Bank of Italy Recommendation of 16 December 2020.

2020

2019

2018

2017

2016

Consolidated net profit (thousands of EUR)

68,804

123,097

146,763

180,767

697,754

Parent Company dividends (thousands of EUR) (1)

25,126

58,797

56,125

53,433

43,813

Payout ratio

36.5%

47.8%

38.2%

29.6%

6.3%

Dividends per share

0.47

1.10

1.05

1.00

0.82

(1) the data for 2019 refer to the dividends approved and not distributed which the Bank will continue to keep as a decrease in the Group’s Net Equity and to account for under Other Liabilities at least until 30 September 2021, in accordance with the Bank of Italy Recommendation of 16 December 2020.