Quantification of foreseeable dividends when the dividend policy is set as a fix amount

Which amount should be deducted from interim/year-end profits pursuant to Article 26(2) CRR if a bank has a dividend policy stating that a certain specified amount (i.e. x.xx €) should be paid per share?

Some banks set their dividend policy in terms of currency amount per share (i.e. an absolute number) rather than as a percentage of the interim profits. The question arises as to whether the full amount of dividends should be deducted from the interim profits or only a portion of this amount depending on the quarter. Example: H1 interim profits: 1000 Number of shares: 100 Dividends per share: 3 Total dividends expected to be paid for the year: 100*3 = 300 Option 1: Interim profits included in CET1: 1000-300/2=850. Consequently, if the bank were not able to make at least 150 of profits in H2, the payment of the announced dividends would reduce the CET1 capital reported in H1 retroactively, everything else equal. Option 2: Interim profits included in CET1: 1000-300=700 In this case, the CET1 ratio would not be reduced because of the dividend payment, even if the bank did not make 150 profits in H2. Hence, a potential retroactive change is avoided.