S-Bank Plc
Other information disclosed according to the rules of the Exchange
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
Contacts
- S-Pankin viestintä, S-Bank Communications, +358 10 767 9300, viestinta@s-pankki.fi
About S-Bank Plc
S-Bank is a Finnish bank and part of S Group. We exist to give everyone the possibility of a little more wealth. We have more than three million customers and we know their day-to-day life. We bring convenience and value to our customers through our easy-to-use digital services, for example. Being a full-service bank, we offer support to our customers every day and at the turning points in their lives. s-pankki.fi