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Banks (Finance)

Bank of Cyprus Announces Interim Dividend Payout of Pound 0.20 per Share

Strategic Insights

— 2 min read

The Bank of Cyprus has announced the distribution of an interim dividend of Pound 0.20 per ordinary share, totaling Pound 87 million and representing approximately 40% of the group's adjusted recurring profitability for the six-month period ending June 30, 2025. This payout reflects the bank's strong financial performance and commitment to delivering sustainable returns to shareholders. The bank is targeting a total distribution payout ratio of 70% for the financial year ending December 31, 2025, at the top end of its distribution policy range of 50 to 70%.

Key Takeaways:

  • The Bank of Cyprus has announced an interim dividend of Pound 0.20 per ordinary share, amounting to approximately Pound 87 million.
  • The interim dividend corresponds to about 40% of the group's adjusted recurring profitability for the six-month period ending June 30, 2025.
  • The bank is targeting a total distribution payout ratio of 70% for the financial year ending December 31, 2025, at the top end of its distribution policy range of 50 to 70%.
  • The method of dividend receipt will vary depending on how the shares are held, including electronic transfer, cheque, and direct payment to account holders.
  • Shareholders must hold ordinary shares on the record date of September 23, 2025, to qualify for the interim dividend.

The ex-dividend date is September 22, 2025, and the interim dividend will be paid in cash on October 20, 2025, to shareholders on the register of members as of the record date. The bank has also outlined the payment procedures for different types of shareholders, including those holding shares indirectly through depositary interests or through the Hellenic Central Securities Depository S. A. and traded on the Athens Stock Exchange.

A written request with relevant bank details must be sent by shareholders who are depository interest holders and customers of Bank of Cyprus Public Company Limited, who are not legal persons, do not hold shares jointly, and are not using CSDCR participants, if they prefer to receive future dividends by electronic transfer. This can be done via Internet Banking or the BoC Mobile app, under the relevant dividend payments sections.

Statistics:

  • Interim dividend: Pound 0.20 per ordinary share.
  • Total dividend payout: approximately Pound 87 million.
  • Adjustment dividend payout ratio: 40% of group's adjusted recurring profitability for the six-month period ending June 30, 2025.
  • Target total distribution payout ratio for 2025 financial year: 70%.
  • Record date: September 23, 2025.
  • Ex-dividend date: September 22, 2025.
  • Payment date: October 20, 2025.

Sources:

  • Bank of Cyprus announcement.

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