GJF: Declaration of dividend
At a board meeting today, the Board decided to distribute a dividend based on the profit for the 2019 financial year of NOK 6,125 million. This corresponds to NOK 12.25 per share, of which NOK 7.25 is a regular dividend and NOK 5.00 is a special dividend. The regular dividend corresponds to a pay-out ratio of 72 per cent for the Group, adjusted for the gain from the sale of Gjensidige Bank. The special dividend is related to proceeds from the bank sale. The Board has utilised its authorisation to determine distribution of dividend, granted by the Annual General Meeting on 25 May 2020.