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Landsbankinn pays ISK 9.5 bn in special dividend

On 19 September, Landsbankinn paid a special dividend in the amount of ISK 9.5 bn. The Bank has paid a total of ISK 24.8 bn in dividends in 2018 and total dividends paid since 2013 amount to ISK 131.7 bn. Around 99.7% of dividend payments accrue to the National Treasury.

The Board of Directors' proposal for dividend payments was approved at the Bank's Annual General Meeting on 21 March. The dividend was paid in two instalments, an ISK 15,366 million dividend for the operating year 2017 paid on 28 March of this year, and a special dividend in the amount of ISK 9,456 billion, payable to shareholders on 19 September 2018.

As a result, total dividends paid by the Bank in 2013-2018 amount to ISK 131.7 bn.

As at 30 June 2017, Landsbankinn's equity amounted to ISK 232.1 bn and its CAR was 24.1%, having been adjusted for 2018 dividend payments.