Dividend policy & payments
ING dividend policy
ING is committed to maintaining a healthy Group CET1 ratio above the prevailing fully-loaded requirement, plus a comfortable management buffer (to include Pillar 2 Guidance). ING aims to pay a progressive dividend.
The aim is to pay an interim dividend with our half year results, as well as a final dividend each year, both in cash. Dividend proposals will reflect considerations including expected future capital requirements, growth opportunities available to the Group, net earnings, and regulatory developments.
Payments per share represent gross amounts which are subject to Dutch dividend withholding tax. The full year dividend needs to be approved by the shareholders at the Annual General Meeting.
|Financial year||Dividend type||Amount (€)||Record date||Payment date|
|New York Stock Exchange (ADR holders*)|
|Financial year||Dividend type||Amount ($)||Record date||Payment date|
* ADR dividends are presented rounded to the second decimal. More information on American Depository Receipts and related dividends can be found here. The applicable foreign exchange rate, and thus the final amount, is determined at the time of the dividend payment.
** ING announced on 30 March 2020 that it will follow the recommendations made by the European Central Bank to European banks on 27 March 2020 regarding dividend distributions. ING is well capitalised, above regulatory requirements, but in line with the ECB’s recommendations, it will suspend any payment of dividends on its ordinary shares until at least 1 October 2020.