Nicosia: Bank of Cyprus Holdings Public Limited Company announced on Tuesday the declaration of an interim dividend of pound 0.20 per ordinary share, equivalent to approximately pound 87 million. This represents a c.40% payout ratio of the Group’s adjusted recurring profitability for the six months ended 30 June 2025.
According to Cyprus News Agency, the interim dividend will be paid in cash on 20 October 2025 to shareholders on the register of members of the company on 23 September 2025, with an ex-dividend date of 22 September 2025. The bank’s announcement stated that the interim dividend reflects the Group’s successful execution of its ongoing commitment to deliver sustainable returns to shareholders, supported by its continued strong financial performance.
For the financial year ending 31 December 2025, the Group is targeting a total distribution payout ratio of 70%, which is at the top-end of its 50-70% range policy. This move is aimed at further contributing to its strong track record of attractive shareholder returns, subject to market conditions.
The company also detailed the manner in which shareholders will receive their interim dividend, which depends on how they hold their ordinary shares. For those holding shares indirectly through depositary interests on the Cyprus Stock Exchange, the dividend will be paid by electronic transfer or by cheque.
For persons with shares through the Hellenic Central Securities Depository or Euroclear Bank system, payments will be processed through the respective systems, with Euroclear Bank serving as the paying agent. Registered shareholders will receive their payments via cheque, warrant, or electronic transfer.
Additionally, the company is not obliged to pay any interim dividend payment if the amount is pound 2.00 or less unless the shareholder requests the payment in writing with their bank account details.