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Internal Dividends

Sampo Group’s parent company Sampo plc received almost EUR 900 million in dividends from its subsidiaries and associated company Nordea Bank AB during 2013. The following dividend payments were received during 2013:

  • 26 March 2013; Nordea Bank AB; EUR 293 million;
  • 25 April 2013; Mandatum Life; EUR 100 million and
  • 5 December 2013; If P&C; SEK 4.3 billion (approx. EUR 490 million).

On 29 January 2014 Nordea Bank AB’s Board of Directors proposed to the Annual General meeting to be held on 19 March 2014, a dividend of EUR 0.43 per share. With its current holding Sampo plc’s share amounts to EUR 370 million. The dividend is proposed to be paid on 1 April 2014.

A planned dividend of EUR 100 million has already been deducted in Mandatum Life’s solvency calculation as at 31 December 2013. The dividend will be paid during the first quarter of 2014.

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