Shareholder and dividend policy

DNBs overall objective is to create value for shareholders through an attractive and competitive return in the form of a rise in the value of the share and through the distribution of dividends.

Group resources will be managed in a manner which ensures shareholders a competitive return in the form of dividends and increases in share price relative to comparable investment alternatives.

All shareholders will be treated equally and have the same opportunity to exert influence through the principle of one share – one vote. (Read more under 'Corporate governance' under 'About the Group'.)

DNB intends to distribute approximately 50 per cent of group profits as dividends provided that capital adequacy is at a satisfactory level. Dividends will be determined on the basis of expected profit levels in a normalised market situation, external parameters and the Group's need for core capital.


Proposed dividend for 2016 of NOK 5.70 was:
- proposed on 2 February 2017
- date of approval 25 April 2017
- distribution to shareholders as from 5 May 2017


Dividend for 2015 of NOK 4.50 was:
- proposed on 4 February 2016
- approved by the General Meeting on 26 April 2016
- distribution to shareholders as from 4 May 2016

Dividend for 2014 of NOK 3.80 was:
- proposed on 5 February 2015
- approved by the General Meeting on 23 April 2015
- distributed to shareholders as from 7 May 2015

Dividend for 2013 of NOK 2.70 was:
- proposed on 6 February 2014
- approved by the General Meeting on 24 April 2014
- distributed to shareholders as from 8 May 2014

Dividend for 2012 of NOK 2.10 was:
-
proposed on 7 February 2013
- approved by the General Meeting on 30 April 2013
- distributed to shareholders as from 13 May 2013

Dividend for 2011 of NOK 2.00 was:
- proposed on 9 February 2012
- approved by the General Meeting on 25 April 2012
- distributed to shareholders as from 7 May 2012

Dividend for 2010 of NOK 4.00 was:
- proposed on 10 February 2011
- approved by the General Meeting on 28 April 2011
- distributed to shareholders as from 10 May 2011

Dividend for 2009 of NOK 1.75 was:
- proposed on 11 February 2010
- approved by the General Meeting on 27 April 2010
- distributed to shareholders as from 11 May 2010

Dividend for 2008 of NOK 0.00 was:
- proposed on 12 February 2009
- approved by the General Meeting on 21 April 2008
- no dividend distributed to shareholders for the accounting year

Dividend for 2007 of NOK 4.50 was:
- proposed on 14 February 2008
- approved by the General Meeting on 30 April 2008
- distributed to shareholders as from 15 May 2008