Dividend

Dividend policy

Pandox’s target is a dividend pay-out ratio of between 30-50 percent of cash earnings, with an average payout ratio over time of approximately 40 percent. Future dividends, and the size of any such dividends, are dependent on Pandox’s future performance, financial position, cash flows, working capital requirements, planned investments and other factors.

Taking into account the effects of the pandemic and the Covid-related government support received, Pandox has paid no dividend in 2019, 2020 and 2021.

For 2022 the board of directors' proposes the AGM to decide on a dividend of SEK 2.50 per share, corresponding to a total of approximately MSEK 460.

Conditional upon the decision of the AGM:

12 April 2023 - AGM
12 April 2023 - Final day for trading including dividend entitlement
14 April 2023 - Record date for dividend 
19 April 2023 - Payment of dividend