Commerzbank Aktiengesellschaft
Commerzbank will not propose a dividend for 2019 to the Annual General Meeting and does not plan for a dividend for the current financial year before the uncertainties of COVID 19 have ended
Commerzbank Aktiengesellschaft (CZB)
In view of the European Central Bank’s recommendation to banks from 27 March 2020 not to pay a dividend for 2019 and 2020 until at least 1 October 2020, the Board of Managing Directors of Commerzbank will not propose a dividend for 2019 to the Annual General Meeting 2020. For the current fiscal year 2020, the Management Board will not plan for a dividend payment until the uncertainties of COVID 19 have ended. The Board will then decide on this again as appropriate. Therefore, any quarterly profits can be fully included in the regulatory capital ratios. **** Contact: Christoph Wortig Head of Investor Relations Commerzbank AG Investor Relations Tel.: +49 69 136 – 21331 e-mail:ir@commerzbank.com |
ISIN: | DE000CBK1001 |
Category Code: | MSCU |
TIDM: | CZB |
LEI Code: | 851WYGNLUQLFZBSYGB56 |
OAM Categories: | 2.2. Inside information |
Sequence No.: | 55346 |
EQS News ID: | 1010477 |
End of Announcement | EQS News Service |