Bank of Cyprus to end dividend payments by cheque
Bank of Cyprus will pay dividends only by electronic transfer from its €0.24 interim dividend due on October 21, 2026.
Nicosia, Cyprus. Bank of Cyprus will stop paying dividends by cheque and will make future payments exclusively by electronic transfer to shareholders holding interests indirectly through depositary interests on the Cyprus Stock Exchange.
The change will apply from the company’s €0.24 interim dividend per ordinary share, due to be paid on October 21, 2026.
Record date and bank details
Shareholders eligible for the interim dividend must be on the company’s register of members on September 22, 2026, the record date.
Bank of Cyprus asked shareholders who have not provided valid bank account details to submit them promptly and no later than September 22.
If valid bank account details are not received by the record date, the dividend will not be paid at that time. The funds will be retained in a company account for six years and will not accrue interest during that period.
Change approved at annual meeting
The move follows the approval of resolution 15 at Bank of Cyprus Holdings Public Limited Company’s annual general meeting on May 15, 2026, which amended the company’s articles of association.
The dividend paid on June 24, 2026 was the last dividend paid by cheque.
Electronic payment benefits
The company said electronic payments would enable shareholders to receive cleared funds more quickly on the payment date and remove delays linked to cheque processing.
It said the change would also reduce the risk of cheques being lost, stolen or misdelivered, while lowering administrative and operational costs.
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