Payout ratio

For 2012 the Board of Directors proposed to the shareholders’ meeting to distribute a dividend of 0,37 Euro per share..

Payout ratio
(in thousands of Euro)
2012 2011 2010 2009 2008
Consolidated profit for the year 78.076 26.535 18.626 17.216 22.801
Parent company dividends 19.813 13.203 10.487 (1) 11.893 (1) 10.290
Payout ratio 25,4% 49,8% 56,3 (1) 69,1%(1) 45,1%
(1) The dividend was paid partly in cash and partly through stock grants. The value of the dividends shown was calculated by considering the normal value of the share as communicated at the dividend stripping date.
Gruppo Banca IFIS
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