Dividend and amended dividend policy
Addtech's dividend policy is to propose a dividend that exceeds 50 percent of average Group profit after tax over a business cycle. The Board of Directors proposes dividend of SEK 3.50 (3.25 includes Addlife) per share. The dividend corresponds to a total of SEK 234 million (218). The year’s proposed dividend represents a payout ratio that exceeds 50 percent.
Addtech has a succesful record of making acquisitions. There are still good opportunities to make acquisitions with good returns benefiting Addtech's shareholders so therefore, the Board of Directors of Addtech has decided on an altered dividend policy. The new policy has the objective of proposing a dividend that exceeds 30 percent of average Group profit after tax over a business cycle. In the dividend proposal, the Group's equity, long-term financing and investment requirements, growth plans and other factors that the Company Board deems significant are considered.