Dividend and dividend policy
Dividend policy
Industrivärden’s dividend policy is that the Company shall generate a positive cash flow before portfolio changes and after dividends paid, in order to build investment capacity over time and be able to support portfolio companies when needed. The dividend shall be well-balanced with respect to the goals, scope and risk of operations.
Dividend 2021
2021 the Board of Directors decided an ordinary dividend of SEK 6.25 per share (0.00) and an extra dividend of SEK 2.00 per share for the 2020 financial year. In total, the dividend amounted to SEK 8.25 per share, corresponding to SEK 3 590 M.
Key ratios, dividend and return
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
| Dividend/share, SEK | 8.25 | 0.00 | 5.75 | 5.50 | 5.25 | 5.00 | 6.25 | 5.50 | 5.00 | 4.50 |
| Dividend growth, % | n/a | neg | 5 | 5 | 5 | neg | 14 | 10 | 11 | 13 |
| Dividend yield Class C shares, % | 3.1 | 2.7 | 3.2 | 2.7 | 3.1 | 3.4 | 4.6 | 4.5 | 4.6 | 5.5 |
| Total return Class C shares, % | 18 | 30 | -9 | 22 | 21 | 11 | 16 | 18 | 37 | -28 |
| Share price at 31 Dec., Class C shares, SEK | 265.5 | 225.90 | 179.20 | 202.50 | 169.80 | 145.10 | 136.10 | 122.30 | 107.70 | 82.10 |
Last update: 22 Apr 2021