Dividends - Citysave

As a member benefit organisation, we can return any surplus profits to our members each year in the form of a dividend.
A decision is made each year at the Annual General Meeting.
In 2021 Citysave Members ratified the Board’s recommendation to pay a dividend for members who held shares in the year to 30th September 2020, of 0.25% . Dividend payments credited Members savings accounts in March 2021.
Dividend is paid on the average balance held during the year.
Please note that due to compliance with regulators, dividends on Child Trust Fund are paid 6th April annually.
Each member is responsible for declaring any dividend earned to the tax authorities as appropriate to their personal circumstances.

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