The Liechtensteinische Landesbank pursues an attractive long-term dividend policy for its shareholders. At the same time, the LLB Group is obliged to maintain its financial security and stability. The LLB Group wants to keep risk-bearing capital in accordance with Basel III at a Tier 1 ratio above 16 percent. Against this backdrop, the payout ratio for the shareholders is expected to range between 40 and 60 percent of the Group net profit.
In view of the 2013 year-end business report, which shows increased operative performance and a solid equity base of a Tier 1 ratio of 18.8 percent, the Board of Directors will propose an unchanged dividend of CHF 1.50 (2012: CHF 1.50) to the General Meeting of Shareholders on 9 May 2014. This corresponds to a payout ratio of 80.5 percent. The dividends amount to CHF 43.3 million.
Dividend per share
2009 – 2013, in CHF