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.
Dividend information is not adjusted for the 10:1 share split which became effective on May 7, 2021.
Dividend 2021
At the Annual General Meeting of Swedish Match AB (publ) on April 13, it was resolved, in accordance with the proposal of the Board of Directors, to pay a dividend of 15.00 SEK per share. The dividend is in line with Swedish Match’s ambition to continually grow dividend per share with a payout ratio normally within 40-60 percent of earnings per share, subject to adjustment for larger one-time items. The dividend represents an increase of 20 percent from the prior year’s dividend, and equals a payout ratio of 47 percent (49) of the adjusted earnings per share for the year. The record day for the right to receive a cash dividend was April 15, 2021 and payment through Euroclear Sweden AB was made on April 20, 2021.
Dividend per share
| Ordinary dividend, SEK | Special dividend, SEK | |
|---|---|---|
| 2016 | 8.50 | 7.50 |
| 2017 | 9.20 | 7.40 |
| 2018 | 10.50 | |
| 2019 | 12.50 | |
| 2020 | 15.00 |
| Dividend history | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend, SEK | 15.00 | 12.50 | 10.50 | 16.60 | 16.00 | 29.50 | 7.50 | 7.30 | 7.30 | 6.50 | 5.50 | 4.75 | 4.10 | 3.50 | 2.50 | 2.10 | 1.90 | 1.70 | 1.60 | 1.45 | 1.35 | 1.22 | 1.08 | 1.05 | 1.05 |
Transfer of capital
| Ordinary dividend | Repurchase of own shares | Special dividend | |
|---|---|---|---|
| 2016 | 1,506 | 1,249 | 4,016 |
| 2017 | 1,545 | 2,590 | 1,363 |
| 2018 | 1,613 | 2,512 | 1,298 |
| 2019 | 1,777 | 2,989 | 0 |
| 2020 | 2,020 | 3,099 | 0 |
| Transfer of capital to Swedish Match shareholders | 2020 | 2019 | 2018 | 2017 | 2016 | Total |
|---|---|---|---|---|---|---|
| Dividend paid, MSEK | 2,020 | 1,777 | 2 911 | 2 908 | 5 522 | 15,138 |
| Repurchase of own shares, net | 3,099 | 2,989 | 2 512 | 2 590 | 1 249 | 12,439 |
| Total | 5,119 | 4,766 | 5 423 | 5 498 | 6 771 | 27,577 |
