Dividend

Cembra Money aims at distributing 60-70% of net income to shareholders in the form of ordinary dividends. Since the IPO in October 2013, all ordinary dividends have been paid from capital contributions reserves. As of 30 June 2017, reserves from capital contributions amounted to CHF 84.8 million. Furthermore, Cembra Money Bank intends to return excess Tier 1 capital above c.20% to shareholders either via extraordinary dividends or share buybacks unless there is a more efficient allocation of capital.

Year Ordinary dividend Extraordinary dividend Tax value Yield Details
2017 3.45* 1.00
2016 3.35* 74.20 4.5% Ictax
2015 3.10* 64.40 4.8% Ictax
2014 2.85* 55.00 5.6% Ictax
2013 58.55 4.9% Ictax
* Distributions in the form of Swiss withholding tax exempt distributions out of legal reserves from capital contributions.