Bankinter to pay a gross dividend of 0.051 euros per share on next 30 December
The payment, attributable to the 2021 financial year and to be paid entirely in cash, will be in addition to the payment made last October, with which the bank resumed its customary shareholder remuneration policy.
At the meeting held today, Bankinter's board of directors has agreed to pay the bank's shareholders, on 30 December, the second dividend against recurring earnings of 2021, for a total gross amount of 0.0514 euros per share (net amount 0.0417 euros).
In this payment, the bank thus distributes to its shareholders an entirely cash amount of 46.26 million euros, in addition to the 119.78 million euros paid in October of this year.
Bankinter's good position in terms of capital, solvency, profitability and asset quality, which have been confirmed by the excellent results the bank obtained in the last European Banking Authority (EBA) resilience exercise, enable Bankinter to maintain a payout ratio of 50%, with payments entirely in cash, on which its shareholder remuneration strategy has traditionally been based.
Bankinter thus maintains its customary shareholder remuneration policy, which it resumed in October after the ECB's recommendation restricting the payment of dividends and the repurchase of bank shares was repealed.
At the close of the third quarter of 2021, Bankinter posted a recurring net profit, excluding the capital gain earned from the Línea Directa operation, which was put into reserves, of 354.9 million euros, up 61.3% from the same period in 2020, coupled with a sharp increase in commercial activity.