From the 2000 financial year to the 2007 financial year, Danske Bank has paid a total of DKK 38 billion 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%.
In the period from 6 October 2008 to 30 September 2010, dividend payments were prohibited because of a state guarantee.
At the release of Annual Report 2010, Danske Bank announced that the Board of Directors' objective was to distribute "up to one third of the net profit for the year". This target was changed as part of the Group's new strategy, which was announced on 30 October 2012 along with the interim report for the first nine months.
Dividends since 1994
The Bank’s dividend has risen from DKK 1.2 per share in 1994 to DKK 8.50 per share in 2007.
Last updated on 7 February 2013