On February 10, 2010, The Board of Directors decided that the company shall target a solid investment grade long-term credit rating (A- to BBB+) to secure the company’s strategically important financial flexibility for investments in future growth, both organically and by acquisitions.
The ordinary dividend shall be at least 50 percent of net income attributable to owners of the parent company. In addition, excess capital shall be returned to shareholders, after the Board of Directors has taken into consideration the company’s cash at hand, cash flow projections and investment plans in a medium term perspective, as well as capital market conditions.
Historical dividend information
| Decision at AGM | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
| Dividend for year |
2012 |
2011 |
2010 |
2009 |
2008 |
2007 |
| SEK/share |
2.85 |
2.85 |
2.75 |
2.25 |
1.80 |
4.0*** |
| SEK million total |
12,341 |
12,341 |
12,349 |
10,104 |
8,083 |
17,962*** |
| Record date |
April 11 2013 |
April 10 2012 |
April 11
2011 |
April 12
2010 |
April 6
2009 |
April 3
2008 |
| Decision at AGM | 2007 | 2006 | 2005 | 2004 | 2003 |
| Dividend for year |
2006 |
2005 |
2004 |
2003 |
2002 |
| SEK/share |
6.3** |
3.5* |
1.20 |
1.00 |
0.40 |
| SEK million total |
28,290** |
15,717* |
5,610 |
4,675 |
1,870 |
| Record date |
April 27
2007 |
May 3
2006 |
April 29
2005 |
May 3
2004 |
May 13
2003 |
* Including SEK 2.25 per share and SEK 10,104 million in extraordinary dividend.
** Including SEK 4.50 per share and SEK 20,207 million in extraordinary dividend.
*** Including SEK 2.20 per share and SEK 9.9 billion in extraordinary dividend.