Dividend and dividend policy
It is the intention of the Husqvarna Board of Directors to give shareholders a dividend that reflects a good direct yield as well as dividend growth, and to implement a policy in which the level of the dividend is linked to Husqvarna's earnings, financial position and other factors which the Board considers to be relevant. The annual dividend shall normally exceed 40% of income for the year.
Dividends can be authorized by the Annual General Meeting or an Extraordinary General Meeting. The dividend is normally paid by Euroclear in cash, but may also be non-cash.
The dividend for 2015 was set at SEK 1.65 per share to be paid in two installements, firstly SEK 0.55 per share with Friday, April 8, 2016 as the first record day, secondly SEK 1.10 per share with Monday October 10, 2016 as the second record day. The estimated dates for payments are Wednesday, April 13, 2016 and Thursday, October 13, 2016.
|Dividend per share, SEK 1)||1.50||1.50||1.50||1.65||1.65|
|Dividend pay-out ratio, %||87||84||94||115||50|
|Earnings per share, SEK 1)||1.73||1.78||1.60||1.43||3.28|
|1 Figures for 2006-2008 have been adjusted to reflect the rights issue in 2009. Figures for 2006 have been adjusted for the bonus issue in 2007. The dividend for 2015 as proposed by the Board.|
|2 Excluding impairment the payout ratio corresponds to 59% of income for the year.|