BinckBank is a listed (NYSE Euronext Amsterdam) online bank for investors with a top 5 position in Europe and about €14 billion funds entrusted (end 2011) and 611 FTEs.

BinckBank's authorized capital consists of ordinary listed shares and 50 priority shares of € 0.10 nominal value. The priory shares are not listed and are being held by 'Stichting Prioriteit Binck' ('the priority shareholder').

Under the company's dividend policy, 6% of the nominal value is paid on the priority shares (50 x €0.10 x 6%). The priority shareholder then determines what proportion of the profit is to be retained. This sum is not distributed to the shareholders, but is added to the company's reserves.

The remainder of the profit is placed at the disposal of the General Meeting of Shareholders, which means that it can choose whether to distribute the remaining profit, add it to reserves or a combination of the two. Distributions may, according to the provisions of the Articles of Association, be paid in cash or entirely or partially in ordinary shares.

The priority shareholder will place the remainder of the profit at the disposal of the General Meeting if doing so would not, in the priority shareholder's view, reduce the company's liquidity and capital adequacy to insufficient levels. If, with due observance of these conditions, a proportion of the profit is placed at the disposal of the General Meeting , the priority shareholder will aim in principle for a payout ratio of 50% of the adjusted net earnings per share.