Dividend Information

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  2.40*  4.75  4.50  4.25
Yield, %   1.4  3.7  2.4  2.4  2.4
*The Board of Directors and President propose a cash dividend to shareholders of SEK 2.40 per share (4.75). The deviation from what has previously been communicated regarding the intended dividend is caused by the current market instability. The proposed record date is April 27, 2020. If the Meeting approves the proposal, the dividend is expected to be distributed by Euroclear Sweden AB on April 30, 2020. However, the record date and the payment date may be postponed due to the technical process required to implement payment.

It is the Board’s ambition to summon the shareholders to an extraordinary general meeting later this year to resolve on an additional dividend, if, at such time, the market is stabilized and visibility of earnings is normalized. The current market situation has caused the Board of the company, as well as other companies, to take precautionary measures and the Board therefore suggests this adaption compared to previously communicated dividend proposal.

For 2019
Last day for trading including dividend: 23 April 2020
Dividend to be confirmed: 24 April 2020
Record day for the dividend: 27 April 2020
Dividend expected to be distributed: 30 April 2020