Danske Bank board proposes no dividends be paid for 2019

FAN Editor
FILE PHOTO: A Danske bank signs are seen on a bank's headquarters in Copenhagen
FILE PHOTO: A Danske bank signs are seen on a bank’s headquarters in Copenhagen, Denmark October 22, 2019. REUTERS/Nikolaj Skydsgaard/File Photo

April 20, 2020

COPENHAGEN (Reuters) – Danske Bank’s <DANSKE.CO> board of director will propose that no dividends be paid for 2019, it said in a statement on Monday.

The proposal about the 2019 dividend to be made at the next general meeting would not change Danske Bank’s general dividend policy, it said.

The board had originally proposed to pay a dividend of 8.50 Danish crowns ($1.24) per share, corresponding to 49% of reported net profit for the year of 2019.

(Reporting by Nikolaj Skydsgaard; Editing by Edmund Blair)

Free America Network Articles

Leave a Reply

Next Post

Primark commits to paying for 370 million pounds of orders during coronavirus crisis

FILE PHOTO: A Primark store is seen, as the spread of the coronavirus disease (COVID-19) continues, in Milton Keynes, Britain, March 23, 2020. REUTERS/Andrew Boyers/File Photo April 20, 2020 LONDON (Reuters) – Fashion retailer Primark has committed to pay suppliers for 370 million pounds ($461 million) of orders, though all its stores […]

You May Like