The Board maintains the following dividend policy that was first published in the July-September 2011 interim report:
The Board’s intention is to continue to provide an ordinary dividend to the shareholders, based primarily on the cashflow from operations. In the event that the Board considers that the liquidity exceeds the amount needed to support the operational requirements and strategic objectives, the Board has the option to propose an extraordinary dividend or a share buy-back to further adjust the liquidity.
The Annual General Meeting (AGM) of the shareholders decided on an ordinary dividend of SEK 5.00 per share (SEK 4.50 per share) with an extraordinary dividend of SEK 0.50 (SEK 0.50 per share), representing a distribution of SEK 39.0 million (SEK 35.5 million) to the shareholders of SinterCast AB (publ) for the financial year 2022. The dividend will be distributed in two equal payments of SEK 2.75 per share, with the record date 19 May 2023 for the first payment and the record date 10 November 2023 for the second payment.
Dividend History Table
The first dividend was distributed in May 2011 for the financial year 2010 and an increasing ordinary dividend has been distributed every year since then. Since 2019, the dividend has been distributed in two instalments. The dividend history is summarised as follows:
|Dividend||Ordinary Dividend per Share||Ordinary Dividend Growth (%)||Extraordinary Dividend per Share||Total Dividend (MSEK)||Total Dividend Growth|