Dividends

Consult the dividends distributed by Banca Ifis in the last 4 years.

Dividend 2020

The 2020 dividend (equal to € 0.47 per share) has been approved at the Shareholders’ Meeting on 22 April 2021. The amount will be payable starting 26 May 2021 with record date on 25 May 2021 and ex-dividend date (no. 23) of 24 May 2021.

With regard to the dividends approved and not distributed as of 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

Consolidated net profit (thousands of EUR)

68,804

123,097

146,763

180,767

Parent Company dividends (thousands of EUR) (1)

25,126

58,797

56,125

53,433

Payout ratio

36.5%

47.8%

38.2%

29.6%

Dividends per share

0.47

1.10

1.05

1.00

(1) the data for 2019 refer to the dividends approved and not distributed which 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, in accordance with the Bank of Italy Recommendation of 16 December 2020.