The Liechtensteinische Landesbank pursues an attractive long-term dividend policy for its shareholders. Furthermore, the LLB Group is committed to safeguarding its financial security and stability and intends to keep risk-bearing capital at a Tier 1 ratio of over 16 percent in accordance with Basel III (end of 2014: 18.3 %). Against this backdrop, the payout ratio for shareholders is expected to range between 40 and 60 percent of the Group net profit.
The Board of Directors will propose an unchanged dividend per share of CHF 1.50 (2013: CHF 1.50) to the 23rd Ordinary General Meeting of Shareholders on 8 May 2015. This corresponds to a dividend yield of 3.8 percent based on the share price as of the end of 2014. The dividends amount to CHF 43.2 million (2013: CHF 43.3 million). This corresponds to a payout ratio of 59.5 percent (2013: 80.5 %) for 2014.
Dividend per share
2010–2014, in CHF
* Proposal of the Board of Directors to the General Meeting of Shareholders on 8 May 2015.