NIBC Holding N.V. announces interim cash dividend 2021 of EUR 0.31 per sharePress Release -
Following the decision by the ECB to not extend its recommendation that banks limit dividend payments beyond 30 September 2021, the Managing Board and Supervisory Board of NIBC propose to pay an interim dividend, in line with common practice prior to the COVID-19 outbreak.
Underpinning the improved performance in the first half of 2021 and its strong capital base, NIBC proposes an interim cash dividend of EUR 0.31 per share, or a total interim dividend of EUR 45.4 million, which equals a pay-out ratio of 50% for the first half of 2021. The pay-out of the interim cash dividend 2021, which is scheduled for the fourth quarter of 2021, is subject to notification to De Nederlandsche Bank and approval by the General Meeting, for which a convocation will be sent out following this announcement.
For details about the H1 2021 financials and the capital base of NIBC, reference is made to the Condensed Interim Report 2021 of NIBC Holding N.V. that is available on NIBC’s website www.nibc.com.