The Liechtensteinische Landesbank pursues an attractive long-term dividend policy for its shareholders. Accordingly, dividend per LLB share has steadily increased in the past. The payout ratio ranged from 40 percent (2007) to 89 percent (2010) of the net profit. At the same time, the LLB Group is, however, obliged to maintain its financial security and stability. In view of the unsatisfactory business result in 2011, the challenging economic environment and the objective to strengthen the equity base, the Board of Directors decided to propose a dividend of CHF 0.30 (2010 and 2009: CHF 3.40) to the General Meeting of Shareholders on 4 May 2012. This corresponds to a payout ratio of 55.3 percent for 2011. The dividends amount to CHF 8.5 million.
Dividend per share
2007 – 2011, in CHF
* Proposal of the Board of Directors to the General Meeting of Shareholders on 4 May 2012.