HELSINKI, Nov 2 (Reuters) - Finnish financial holding company Sampo will likely pay a growing dividend from 2017, Chief Executive Officer Kari Stadigh said on Thursday.
The company reported earlier that its property and casualty insurance company If will pay it an all-time-high internal dividend of 6 billion Swedish crowns ($716 million), up from 5.8 billion crowns a year earlier.
“We (Sampo) are committed to propose each year a moderately growing dividend ... These internal dividends, of course, support our intention, and the dividend will likely grow moderately next spring,” Stadigh told Reuters by telephone.
In a Reuters poll, analysts on average had expected a dividend of 2.46 euros per share, up from 2.30 euros paid from 2016.
$1 = 8.3841 Swedish crowns Reporting by Jussi Rosendahl, editing by David Evans