Danske Bank to pay dividend

Danske Bank will pay a dividend, amounting to roughly 28% of next profit, to its shareholders for the first time since 2007.

The Danish bank made a net profit of €953.9m for 2013, which is a 51% increase on the previous year. The proposed dividend is €0.03 per share.

Danske Bank did not disclose figures for its operations in the Republic of Ireland. Danske Bank in Northern Ireland made a pre-tax profit of £11.4m (€13.68m) in 2013, compared to a loss of more than £58m in 2012.