Dividend policy

The Group’s dividend policy is that, over the long term, the dividend should amount to between 30 and 50 percent of net profit for the year. The dividend is adapted to such factors as the Group’s earnings level, financial position and future development opportunities.
Dividend per year
Year
2019 
 2018
 2017
 2016
 2015
Dividend, SEK  0*  4.75  4.50  4.25
  4.00
Yield, %   -  3.7  2.4  2.4  2.4
*The Board of Directors of Trelleborg has decided to withdraw the previous dividend proposal and instead propose that the Annual General Meeting resolves that no dividend will be paid. When the market has stabilized, and visibility of earnings has normalized, it is the Board’s ambition to call to an extraordinary general meeting later this year, to decide on a dividend for the 2019 fiscal year.

Ownership Structure

Trelleborg’s Series B share has been listed on the stock exchange since 1964. The share is currently quoted on the Nasdaq Stockholm Large Cap under TREL B, TRELLEBORG B, (SE0000114837).

Trelleborg has two classes of shares: 28,500,000 Series A shares and 242,571,783 Series B shares. Each Series A share carries ten votes and each Series B share carries one vote.

Trelleborg AB's 10 largest shareholders as of December 31, 2019
No
 Shareholder
Percent of share capital
Percent of votes
 1  Dunker fund & foundations*  10.66  54.10
 2  Didner & Gerge Equity funds
  4.45  2.29
 3  Handelsbanken Fonder
  3.80  1.96
 4  Lanebo Fonder
  3.54  1.82
 5  Allianz Global Investors
  2.92  1.50
 6  Vanguard
  2.54  1.30
 7  Andra AP-fonden
  2.24  1.15
 8  Norges Bank
  2.10  1.08
 9  AFA Försäkring
  1.84  0.95
 10  BlackRock
  1.52  0.78

Total

35.63

66.92
Source: Holdings, Modular Finance AB

 *All of the Series A shares are owned by the Dunker Funds and Foundations, which were  created through testamentary disposition by the founder of the Helsingborg and Trelleborg rubber-production plants, Henry Dunker.