Brief: Sparebanken Vest Reduces Proposed Dividend

Sparebanken Norge

24/03/2020 07:20

March 24 (Reuters) - Sparebanken Vest  SVEG.OL :
    * SAID ON MONDAY THE BOARD OF DIRECTORS OF SPAREBANKEN VEST
REDUCES PROPOSED DIVIDEND AFTER RENEWED ASSESSMENT
    * BOARD HAS DECIDED TO REDUCE THE DIVIDEND WITH MNOK 100 AND
THE
DIVIDEND RATIO TO 34,7 PER CENT
    * BOARD'S  REVISED PROPOSAL ENTAILS A DIVIDEND OF NOK 2,42
PER
EQUITY CERTIFICATE (14 PER CENT OF DIVIDEND BASIS) AND A TOTAL
OF MNOK 389 TO CUSTOMER DIVIDENDS AND DONATIONS (21 PER CENT OF
DIVIDEND BASIS)

Source text for Eikon:  ID:nObibx9Nra 
Further company coverage:  SVEG.OL 

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