The Branch. works closely with other Group’s entities with the aim of providing local, Italian and International clients with a dedicated offer of banking products and solutions in local currency (U.A.E. Dirhams – AED), as well as in US dollars and euro to support their activity and operations.
SHARES
| Number of outstanding ordinary shares (without nominal value) | 19,267,277,397 |
| Number of shares – Historical figures |
DIVIDEND POLICY
| Over the time horizon of the 2022-2025 Business Plan: a cash dividend distribution was envisaged corresponding to a payout ratio, based on the consolidated net income, of 70% each year of the Plan; a buyback of 3.4 billion euro (*) was approved at the Shareholders’ Meeting and authorized by the ECB. ________ (*) An amount equivalent to the suspended 2019 dividend. |
DIVIDENDS
| Dividends (euro) | Average stock price in 2021 (euro) | “Dividend yield” | |
| Per ordinary share | 0.151 (*) | 2.292 | 6.59% |
| (*) 0.0721 euro as interim dividend distributed in November 2021 and 0.0789 euro as the remaining amount distributed in May 2022. | |||
| Market Ratios – Historical figures |