Dividend policy

The dividend is to amount to approximately 40 percent of distributable earnings. Distributable earnings comprises profit from property management, excluding the share in profit from joint ventures and associated companies and after tax.

The Annual General Meeting of April 2017 passed a resolution on payment of quarterly dividends for both ordinary and preference shares.

 

2018
2017201620152014
Profit available for distribution, SEKm1 1111 5891 2531 103580
Dividend per ordinary share, SEK2.404.804.404.203.00
Dividend per preference share, SEK10.0010.0010.0010.00

Dividend resolution of the Annual General Meeting 2019

The AGM resolved to pay a dividend of a total of SEK 2.40 per ordinary share for the 2018 fiscal year, with quarterly payment of SEK 0.60 per ordinary share. The record dates for the distribution of dividends on ordinary shares are May 9, 2019, July 10, 2019, October 10, 2019 and January 10, 2020.

The AGM also resolved to pay a dividend of a total of SEK 10.00 per preference share, with quarterly payment of SEK 2.50 per preference share. The record dates for the distribution of dividends on the preference share are July 10, 2019, October 10, 2019, January 10, 2020 and April 10, 2020.

The dividend according to the above totals SEK 512,547,788.

Moreover, the AGM resolved that the new ordinary shares that may be issued with the support of the authorization granted to the Board to decide to issue new ordinary shares will provide entitlement to dividends, in accordance with the above, as of the day on which these shares have been entered into the share register maintained by Euroclear Sweden AB. Assuming that the authorization is exercised in full, the dividend on additional ordinary shares will amount to a maximum of SEK 40,254,780.