Coop Pank AS Announces Upcoming Dividend Distribution Details
Coop Pank AS Dividend Overview for 2024
Coop Pank AS is set to distribute a dividend amounting to 7.00 eurocents per share for the financial year 2024. This decision not only reflects the bank's commitment to its shareholders but also highlights its financial stability in the banking sector.
Key Dates to Remember
For shareholders interested in receiving the dividend, it is important to note that the list of shareholders eligible for the dividend will be finalized as of the close of business on a specific date in early May. To clarify, the ex-date—the day on which the rights to dividends are transferred to the new shareholders—is established for April 30, 2025. Therefore, any shares acquired after this date will not qualify for the dividend distribution.
Dividend Payment Schedule
The actual payment of the dividend is scheduled for May 6, 2025. This precise timeline ensures that shareholders can keep track of their investments and expect returns on their holdings within a defined period.
About Coop Pank AS
Based in Estonia, Coop Pank is one of the prominent banks operating in the region, positioning itself as a universal bank with a growing customer base. Currently, over 213,000 clients rely on Coop Pank for their daily banking needs. The bank effectively combines retail business synergy with banking services to offer more accessible financial solutions to its customers. The strategic backing of the domestic retail chain Coop Eesti, which includes 320 stores, reinforces the bank’s commitment to local engagement and support.
Additional Information Contact
For those seeking further details about the dividend distribution or any inquiries, you may reach out to Paavo Truu, the CFO of Coop Pank AS. He can be contacted via phone at +372 5160 231 or through email at paavo.truu@cooppank.ee.
Frequently Asked Questions
What is the upcoming dividend amount for Coop Pank AS?
The upcoming dividend amount for the year 2024 is set at 7.00 eurocents per share.
When is the ex-date for the dividend?
The ex-date is set for April 30, 2025.
When will shareholders receive their dividend payments?
Shareholders can expect to receive their dividend payments on May 6, 2025.
Who can I contact for more information about the dividend?
For more information, you can contact Paavo Truu, the CFO of Coop Pank AS.
How does Coop Pank AS plan to enhance banking services?
Coop Pank AS aims to leverage the synergy between retail and banking to provide more accessible services and bring everyday banking closer to the community.
About The Author
Contact Kelly Martin privately here. Or send an email with ATTN: Kelly Martin as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.