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Dividend per ordinary share | 6 Months Ended
--- | ---
Jun. 30, 2024
Dividend per ordinary share [abstract] |
Dividend per ordinary share | 18 Dividend per ordinary share
Dividends to shareholders of the parent
| Per ordinary share (in EUR) | Total (in EUR million)
Dividends on ordinary shares: |  |
In respect of 2022 |  |
- Interim dividend, paid August 2022 | 0.17 | 634 |
- Final dividend, paid May 2023 | 0.389 | 1,408 |
Total dividend in respect of 2022 | 0.559 | 2,042 |
In respect of 2023 |  |
- Interim dividend, paid August 2023 | 0.35 | 1,260 |
- Final dividend, paid May 2024 | 0.756 | 2,497 |
Total dividend in respect of 2023 | 1.106 | 3,757 |
In respect of 2024 |  |
- Interim dividend declared | 0.35 | 1,149 |
Total dividend for the period ending 30 June 2024 | 0.35 | 1,149 |
On 25 April 2024, the Annual General Meeting of shareholders ratified the total dividend of EUR 1.106 per ordinary share of which EUR 0.350 per share was paid as an interim cash dividend in August 2023. The final dividend of EUR 0.756 per ordinary share was paid entirely in cash. In 2023 and the first six months of 2024, no other cash distributions were paid to shareholders of ING Group. ING Groep N.V. is required to withhold tax of 15% on dividends paid. Reference is made to Note 12 'Equity' for further information.

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- Definition The disclosure of dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
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