The Company Board of Directors has adopted a dividend policy which reflects the fact that payment of dividends will be dependent on the Company’s equity share and profit after tax.
Historically about 25% of net profit after tax has been proposed to be used as dividend at the next annual general assembly. In 2016 it was decided not to pay out any dividend in relation to the 2015 results. This was a change compared to the previous years. The Group in 2016 will use the profit generated in 2015 to invest in new acquisitions and in additional purchases of treasury shares.
The determination of the yield takes into account that the Company wishes to retain a liquid financial status, making it possible to react quickly to any investment opportunities consistent with Company business plans.
If dividend is decided this is paid out in accordance with the current rules from the central security depository. Before payment, the Company withholds tax as stated in the current rules. New shareholders have equal terms and access to dividend as existing shareholders.