Change location

You are about to change the origin location from where you are visiting Credit-suisse.com.

*The location of origin is defined in your browser settings and may not be identical with your citizenship and/or your domicile.

Dividend information and Swiss tax values

Upcoming and past dividend payments and Swiss tax values.

56660992

Dividend

Distribution for the Financial Year 2019

In response to a request from FINMA, the Board of Directors is submitting a revised dividend proposal for this year’s AGM. Instead of a total dividend of CHF 0.2776 gross per share as originally announced on March 25, 2020, a total of CHF 678 million[i], the Board of Directors is proposing a cash distribution of CHF 0.1388 gross per share, with half being paid from retained earnings[ii] and half out of the capital contribution reserves[iii]. In the Autumn of 2020, the Board of  Directors intends to propose a second cash distribution of CHF 0.1388 gross per share, which would be presented for approval at an Extraordinary General Meeting at that time, subject to market and economic conditions.

 While the Board remains of the opinion that Credit Suisse’s financial strength would have continued to support the original dividend proposal made to our shareholders, we believe that this response to FINMA’s request, in alignment with the similar decisions made by our peers, is a prudent and responsible step to preserving capital in the face of the challenges posed by the COVID-19 pandemic and will allow for a fuller evaluation of the extent of the economic impact of this crisis later in the year. Subject to confirmation following this assessment and the subsequent approval by our shareholders, the resulting aggregate dividend in 2020 would be in line with our intention to increase the dividend by at least 5% per annum.

[i] Based on 2,441,022,237 registered shares in issue at December 31, 2019, net of own shares held by the company
[ii] Net of 35% Swiss withholding tax
[iii] Free of Swiss withholding tax and not subject to income tax for Swiss resident individuals

 

Read the full Press Release

Key Dates

  Registered share American depositary share
Amount of cash distribution per share CHF 0.1388 USD 0.1321
Ex-dividend date May 7, 2020 May 7, 2020
Record date May 8, 2020 1 May 8, 2020 1
Payment of cash distribution May 11, 2020 June 25, 2020 2

1 To be eligible to receive the distribution for 2019, it is necessary to own the CSG shares on May 6, 2020 (end of day).

2 Relates to cash distribution from retained earnings. The payment date for the cash distribution out of capital contribution reserves was May 18, 2020.

Dividend Policy

Our dividend payment policy seeks to provide investors with a stable and efficient form of capital distribution relative to earnings.

Dividend History

Financial Year Description Registered share in CHF Registered share Payment date ADS in USD ADS Payment Date
2018 Dividend1 0.2625 2019-05-07 0.257126 2019-05-17
2017 Dividend1 0.25 2018-05-08 0.2490 2018-05-18
2016 Dividend1 2 0.70 2017-05-24  0.7161 2017-05-26
2015 Dividend1 2 0.70 2016-06-06 0.7194 2016-06-13
2014 Dividend1 2 0.70 2015-05-21 0.7464 2015-05-29
2013 Dividend1 0.70 2014-05-16 0.7859 2014-05-23
2012 Dividend1 3 0.75 2013-05-06 0.80 2013-05-13
2011 Dividend1 2 0.75 2012-05-23 0.78 2012-05-31
2010 Dividend1 1.30 2011-05-06 1.48 2011-05-13
2009 Dividend 2.00 2010-05-07 1.78 2010-06-15
2008 Dividend 0.10 2009-04-30 0.0958 2009-06-10
2007 Dividend 2.50 2008-05-02 2.3964 2008-06-11
2006 Dividend 2.24 2007-05-10 1.8175 2007-06-08
2006 Par value reduction 0.46 2007-07-18 0.3824 2007-07-24
2005 Dividend 2.00 2006-05-04 1.6509 2006-06-08
2004 Dividend 1.50 2005-05-06 1.2274 2005-06-09
2003 Par value reduction 0.50 2004-07-12 0.3876 2004-07-19
2002 Dividend 0.10 2003-05-02 0.0752 2003-07-02
2001 Par value reduction 2.00 2002-08-14 1.3362 2002-08-19
2000 Par value reduction 2.00 2001-08-15 1.1994 2001-08-20
1999 Dividend 1.75 2000-06-02 1.0600 2000-07-03
1998 Dividend 1.25 1999-06-03 0.8088 1999-07-02
1997 Dividend 1.25 1998-06-04 0.8402 1998-08-17

Note: All amounts represent gross payments and have been adjusted for the 4-for-1 share split (PDF) effective as of August 15, 2001.

 

1 Distribution out of reserves from capital contributions

2 Subject to any legal restrictions applicable in their home jurisdiction, shareholders were entitled to elect to either receive new shares of Credit Suisse Group, a cash distribution or a combination thereof.

3 Distribution of CHF 0.10 (Registered share) USD 0.11 (ADS) in cash and distribution of new shares (stock dividend).

Swiss Tax Values

The following table contains the tax values of Credit Suisse Group registered shares for tax declarations in Switzerland.

Valor No. Par Value Tax value as per Tax value in CHF
1213853 0.04 31.12.2019 13.10
1213853 0.04 31.12.2018 10.80
1213853 0.04 31.12.2017 17.40
1213853 0.04 31.12.2016 14.61
1213853 0.04 31.12.2015 21.69
1213853 0.04 31.12.2014 25.08
1213853 0.04 31.12.2013 27.27
1213853 0.04 31.12.2012 22.26
1213853 0.04 31.12.2011 22.07
1213853 0.04 31.12.2010 37.67
1213853 0.04 31.12.2009 51.20
1213853 0.04 31.12.2008 28.50
1213853 0.04 31.12.2007 68.10
1213853 0.50 31.12.2006 85.25
1213853 0.50 31.12.2005 67.00
1213853 0.50 31.12.2004 47.80
1213853 1.00 31.12.2003 45.25
1213853 1.00 31.12.2002 30.00
1213853 3.00 31.12.2001 68.35
146248 20.00 31.12.2000 312.00