15. DIVIDEND PAID
Group |
2013 €'000 |
2012 €'000 |
|---|---|---|
| Dividend paid | 2,162 | 3,457 |
On 28 March 2013, the Board of NAMAIL declared and approved a dividend payment of €0.0424 per share (2012: €0.06778 per share), amounting to €2.162m. The amount of the dividend per share was based on the ten year Irish government bond yield as at 31 March 2013. The dividend was paid to the holders of B ordinary shares of NAMAIL only, the private investors, who have ownership of 51% in the Company. No dividend was paid to the A ordinary shareholders, NAMA the Agency, which has a 49% ownership in the Company.