Financial Results
Credit Suisse Shareholders Approve Second Dividend Payout

The Swiss regulator earlier this year required the country's major banks to smooth out dividend payments to avoid putting capital under pressure amid the global pandemic. Banks in other parts of the world have also dialled back payments for similar reasons.
Credit Suisse
shareholders have approved the bank’s proposal to distribute a
second round of dividends, at SFr0.1388 ($0.15) gross per
registered share, allowing the full sum of SFr0.2776 per share to
be paid in the 2019 financial year.
As previously reported, shareholders approved a split in
distributions after Swiss regulator FINMA asked banks to spread
out such payments amid the COVID-19 pandemic.
The latest payment will be made from 7 December, the
Zurich-listed bank said in a statement on Friday. The
distribution will be paid half from retained earnings and half
from the capital contribution reserves.
“Based on our proven strategy, strong capital position and
well-executed crisis response, and in line with our intention to
increase the dividend by at least 5 per cent per annum, we had
proposed to approve the second distribution of the 2019 dividend,
to allow for the full distribution of the dividend for the
financial year 2019,” Urs Rohner, Credit Suisse chairman
said.
For a story about Julius Baer and other banks splitting dividends
at the regulator's request, see
here.