S-Bank's Board of Directors decided on a change in dividend policy

S-Bank Plc
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20 January 2025 at 14:15 EET

S-Bank's Board of Directors decided on a change in dividend policy

The Board of Directors of S-Bank Plc has decided on a change in the company's dividend policy. According to the updated dividend policy, S-Bank aims to pay shareholders a steady and growing annual dividend of 15–25 per cent of profit after tax for the financial year. According to the previous dividend policy, the target was to distribute a steady and growing annual dividend of 5–15 per cent of profit after tax for the financial year.

"We want to continue to be an attractive investment target for the regional cooperatives and the SOK Corporation that own the bank, and to ensure that the bank is attractive to institutional investors investing in our bonds. The dividends we pay ultimately also benefit our co-op members”, says Jari Annala, Chairman of S-Bank's Board of Directors.

Contacts:
Jari Annala, Chairman, S-Bank’s Board of Directors