trending Market Intelligence /marketintelligence/en/news-insights/trending/D4QKr0_av4PNCwPDs4bu0w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Sampo putting check on dividend increases

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Sampo putting check on dividend increases

Finland-based Sampo Oyj is no longer placing an emphasis on annually increasing its nominal dividend per share.

"In the present operating environment, with government bond yields expected to remain negative for some time to come, Sampo management no longer thinks the company's and its shareholders' interests are best served by an increase in the dividend," President and Group CEO Kari Stadigh said in a statement.

Stadigh added that the goal now is to maintain a "sustainable and attractive dividend." Sampo's current dividend policy is to pay out at least 50% of its net profit as dividends. The CEO said the payout ratio has, on average, been approximately 80% over the last five years.

For 2019, a dividend of €2.10 to €2.30 per share will be proposed to the board. This does not include the extra dividend paid in the form of Nordea shares in August, Stadigh noted.

The board will review the dividend policy in early February 2020. The change in the dividend policy has no implications for Sampo Group's outlook for 2019.