Dividends

Danske Bank strives to create value for its shareholders, and one way it does so is by paying dividends.

Dividend policy - before the Danish state guarantee
Our target payout ratio – that is, the percentage of net profit to be distributed in dividends – was 30%-50%.

In order to be covered by the Danish state deposit guarantee, however, Danske Bank, like other Danish banks, may not pay dividends as long as the guarantee is in force. The guarantee runs for a two-year period beginning on October 6, 2008.

The table below shows the dividends from previous years. At the bottom of the page, you can download the data in an Excel file.

Contact us

You can always contact Investor Relations:

See contact persons Additional contact info

Read more about dividends

Dividend tax
We have summarised the general rules on dividend taxation. They apply only to investors domiciled in Denmark for tax purposes and investors liable for tax on pension investment returns.
Read about dividend tax

From the 2000 financial year to the 2007 financial year, Danske Bank has paid a total of DKr38bn in dividends.

Historical dividend policy
Until the 2003 financial year, Danske Bank's target payout ratio was about 40%. From 2003 to 2005, the target ratio was about 50%.

Dividends since 1994
The Bank’s dividend has risen from DKr1.2 per share in 1994 to DKr8.50 per share in 2007.

Last updated on March 5, 2008

Download share data

Share data in Excel file We have compiled an Excel file with share data going back to 1998 and accounting data since Q1 2004. Download share and accounting data (219 KB)	Financial reports See all Danske Bank’s financial reports and related materials. See financial reports