TIDMSAMPO 
 
   SAMPO PLC           INSIDE INFORMATION                    24 October 
2019 at 1:15 pm 
 
 
 
 
 
   Change in Sampo's view on expected dividends 
 
   Sampo has for several years had the ambition of annually increasing its 
nominal dividend per share. However, in the present operating 
environment, with government bond yields expected to remain negative for 
some time to come, Sampo management no longer thinks the company's and 
its shareholders' interests are best served by an increase in the 
dividend. 
 
   Nordea announced today a change in its dividend policy, which further 
reinforces Sampo management's view that it is prudent to reset the 
dividend expectations now. 
 
   Management expects to propose to the Board a dividend of EUR 2.10 - 2.30 
a share for 2019, not including the extra dividend paid in the form of 
Nordea shares in August 2019. Management's target going forward is to 
maintain a sustainable and attractive dividend. Sampo's current dividend 
policy is to pay out at least 50 per cent of the net profit as 
dividends. Over the last five years Sampo's pay-out ratio has on average 
been approximately 80 per cent. The Board will review the dividend 
policy in early February 2020. 
 
   The change in expected dividend has no implications for Sampo Group's 
outlook for 2019. The insurance businesses' outstanding performance 
continues. 
 
   SAMPO PLC 
 
   Kari Stadigh 
 
   President and Group CEO 
 
   For further information please contact 
 
   Jarmo Salonen 
 
   Head of Investor Relations and Group Communications 
 
   tel. +358 10 516 0030 
 
   Maria Silander 
 
   Communications Manager, Media Relations 
 
   tel. +358 10 516 0031 
 
   Distribution: 
 
   Nasdaq Helsinki 
 
   London Stock Exchange 
 
   The principal media 
 
   Financial Supervisory Authority 
 
   https://www.globenewswire.com/Tracker?data=5v1kvPFOkIQy61wRMeJ5bd-X1XE9uVWslNJpT6m5dAFAf4hFtzrkc9BUDM8Z-dgiKdZJJdpl-orEtiMEYQow2g== 
www.sampo.com 
 
 
 
 

(END) Dow Jones Newswires

October 24, 2019 06:15 ET (10:15 GMT)