pay-out ratio at solo level

Defined in Article 2, Decision (EU) 2015/656 of the ECB

Definitions over time (1)

1. 31/12/2014 – today applies on 10/11/2026 Article 2, Decision (EU) 2015/656 of the ECB Scope: Whole act

   For the purposes of this Decision, the following definitions shall apply:

   ‘pay-out ratio at solo level’ means the ratio between: (a) dividends, other than those paid in a form that does not reduce CET1 capital (e.g. scrip-dividends), distributed to owners of the entity; and (b) profit after tax. If for a given year the ratio between (a) and (b) is negative or above 100 %, the pay-out ratio shall be deemed to be 100 %. If for a given year (b) is zero, the pay-out ratio shall be deemed to be 0 % if (a) is zero and 100 % if (a) is above zero.

Used in (1 place in 1 provisions on 10/11/2026)

Decision (EU) 2015/656 of the ECB (1 in 1)

Article 2