Dividend policy

In the long term, the dividend shall be 60% of the profit from property management excluding share of profit from joint ventures and after tax. The dividend for preference shares is settled first from this amount, and the remaining amount is available for distribution to holders of ordinary shares.

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

 

2017201620152014
Profit available for distribution, SEKm1 5891 2531 103580
Dividend per ordinary share, SEK4,804,404,203,00
Dividend per preference share, SEK10,0010,0010,00

Dividend resolution of the Annual General Meeting 2018

At the Annual General Meeting 2018, a resolution was passed to pay a dividend of SEK 4.80 per ordinary share for the 2017 financial year, with quarterly payments of SEK 1.20 per ordinary share. Record days shall be 20 April 2018, 10 July 2018, 10 October 2018 and 10 January 2019.

It was further decided to pay a dividend of SEK 10.00 per preference share, with quarterly payments of SEK 2.50 per preference share. Record days for dividends on preference shares shall be 10 July 2018, 10 October 2018, 10 January 2019 and 10 April 2019.

The total dividend pursuant to the above shall be SEK 867,095,585.

The meeting also resolved that the new ordinary shares that may be issued pursuant to the authorisation given to the Board of Directors to take a decision on a new issue of ordinary shares shall carry a right to a dividend in accordance with the above from the date they are entered in the register of shareholders maintained by Euroclear Sweden AB. If this authorisation is utilised in full, the dividend for additional ordinary shares could amount to a maximum of SEK 75,709,560.