We strive to engage DR Holders who are committed to our mission and also to give DR Holders a stable financial return on their investment. We remain committed to our dividend policy which aims to distribute a total dividend over a financial year of 50% of net profit, with the possibility to adjust the payout upwards or downwards, if circumstances allow or require. The dividend policy assumes that we can pay three types of dividend: 1) a regular dividend, 2) an interim dividend and 3) an extraordinary dividend. All dividend payments are of a non-cumulative nature. We will only pay a regular dividend in normal circumstances. Dividend proposals take into account considerations such as expected future regulatory capital requirements, strategic growth opportunities, the outlook on our ability to maintain a healthy capital position and any other expectations or circumstances. Dividend proposals will always have to comply with current capital requirements that apply to Triodos Bank.