Dividend information

Swedish Match has the ambition to continuously grow dividend per share with a payout ratio normally within 40-60 percent of the earnings per share, subject to adjustments for larger one-time items.

Proposed dividend per share

The Board of Directors proposes a total dividend of 16.00 SEK per share consisting of an increased ordinary dividend per share of 8.50 SEK (8.00) and a special dividend of 7.50 SEK. The proposed increased ordinary dividend of 8.50 SEK (8.00) is equivalent to 59 percent (56) of the earnings per share for the year, excluding larger one-time items. The special dividend of 7.50 SEK is proposed in accordance with Swedish Match’s financial policy of returning excess cash to its shareholders and following the partial divestment of STG in January 2017.

The proposed record date for entitlement to receive a cash dividend is May 8, 2017. If the AGM approves the Board’s proposal, the dividend will be paid through Euroclear Sweden AB on May 11, 2017.

Dividend history201620152014201320122011201020092008200720062005200420032002200120001999199819971996
Dividend, SEK16,00*29.507.507.307.306.505.504.754.103.502.502.101.901.701.601.451.351.221.081.051.05

* Board proposal.

Transfer of capital to Swedish Match shareholders20162015201420132012Total
Dividend paid5,5221,4641,4531,4591,33411,233
Repurchase of own shares, net1,2491,8548361641,5325,636
Total6,7713,3182,2891,6232,86616,868