Facts and figures
|
DVB share data (€) |
2011 |
2010 |
2009 |
2008 |
2007 |
|---|---|---|---|---|---|
|
Business year high |
26.10 |
27.50 |
28.00 |
28.60 |
288.00 |
|
Business year low |
23.50 |
24.50 |
21.00 |
20.00 |
203.25 |
|
Year-end price |
23.95 |
25.00 |
25.00 |
26.10 |
282.00 |
|
Number of shares at year-end |
46,467,370 |
46,467,370 |
46,467,370 |
46,467,370 |
3,982,737 |
|
Market capitalisation at year-end |
1.11 bn |
1.16 bn |
1.16 bn |
1.21 bn |
1.12 bn |
|
Dividends |
0.60 |
0.60 |
0.60 |
0.60 |
5.00 |
|
Dividend yield |
2.51% |
2.40 |
2.40% |
2.30% |
1.77% |
| Payout ratio |
26.0% |
26.5% |
37.4% |
26.6% |
18.2% |
|
Basic earnings per share |
2.32 |
2.28 |
1.61 |
2.44 |
27.67 |
Starting in 2008, figures reflect the 10-for-1 share split carried out on 18 August 2008.
DVB share shows good robustness in 2011
Although bank shares fell under pressure throughout 2011, DVB's share price proved to be satisfactorily robust under the described market conditions and exhibited remarkable stability compared to other market participants. Over the course of 2011, the volatility of DVB shares was moderate on subdued trading. The highest price for the year of €26.10 was touched on 26 January 2011. The lowest price of €23.50 was recorded on 5 August 2011. The year-end share price was €23.95. Accordingly, the Bank's market capitalisation was €1.1 billion. The comparatively stable share performance is attributable to the continued stability of the Bank's business development, and also to the narrow market in which the shares trade due to the low free float.
Shareholders were paid a dividend of €0.60 per notional no-par value share from DVB Bank SE's net retained profit for 2010. The Board of Managing Directors and the Supervisory Board will propose at the Annual General Meeting on 13 June 2012 that the dividend payment remain unchanged at €0.60 per notional no-par value share for the 2011 business year.