Dividends

Consult the dividends distributed by Banca Ifis in the last 5 years. The 2023 dividend was approved at the Annual General Meeting on 18 April 2024.

Dividend 2023

The 2023 dividend (2.10 Euro per share) was approved by the Shareholders’ Meeting on 18 April 2024, confirming the Group’s desire to create value for shareholders, albeit with a prudent approach as recommended by the Bank of Italy.

	2023	2022	2021	2020	2019
Consolidated net profit (thousands of EUR)	160,110	141,086	100,582	68,804	123,097
Parent Company dividends (thousands of EUR)*	110,183	73,418	49,811	25,132	58,797
Payout ratio*	68.8%	52.0%	49.5%	36.5%	47.8%
Dividends per share*	2.10	1.40	0.95	0.47	1.10

*The figures for FY 2023 comprise the total of 1.20 Euro per share distributed as an interim dividend in November 2023 and 0.90 Euro per share as a proposal for a final dividend for the FY 2023 prepared by the Bank’s Board of Directors.