Page added to My Report ()

Internal Dividends

Sampo plc, Sampo Group’s parent company, received close to EUR 1.2 billion in dividends from its subsidiaries and associated company Nordea Bank AB during 2014. The following dividend payments were received during 2014:

  • 24 March 2014; Mandatum Life; EUR 100 million,
  • 1 April 2014; Nordea Bank AB; EUR 370 million and
  • 9 December 2014; If P&C; SEK 5.5 billion (approx. EUR 597 million).

On 28 January 2015 Nordea Bank AB’s Board of Directors proposed to the Annual General meeting to be held on 19 March 2015, a dividend of EUR 0.62 per share. With its current holding Sampo plc’s share amounts to EUR 533 million. The dividend is proposed to be paid on 30 March 2015.

A planned dividend of EUR 100 million has already been deducted in Mandatum Life’s solvency calculation as at 31 December 2014. The dividend will be paid during the first quarter of 2015. If P&C normally pays its dividend towards the end of the calendar year.

Make a note