Dividend
Dividend Policy
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, after investments. 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.
Proposed Dividend 2024
The Board of Directors propose an ordinary dividend of SEK 5.50 per share (SEK 5.00 per share) with an extraordinary dividend of SEK 0.60 (SEK 0.50 per share), representing a distribution of SEK 43.1 million (SEK 39.0 million) to the shareholders of SinterCast AB (publ) for the financial year 2023, distributed in two equal payments of SEK 3.05 per share. The Board proposed 23 May 2024 as the record date for the first dividend payment and 7 November 2024 as the record date for the second dividend payment. In deciding the amount of the ordinary dividend to be proposed to the AGM 2023, the Board considered cashflow from operations, the financial position, investment requirements and other factors, such as market outlook, growth strategy and the internal financial forecast for the Group.
Dividend graph
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 |
|---|---|---|---|---|---|
| 2024 | 5.50 | 10% | 0.60 | 43.1 | 11% |
| 2023 | 5.00 | 11% | 0.50 | 39.0 | 10% |
| 2022 | 4.50 | 12% | 0.50 | 35.5 | 25% |
| 2021 | 4.00 | 14% | - | 28.4 | 14% |
| 2020 | 3.50 | 0% | - | 24.8 | -30% |
| 2019 | 3.50 | 27% | 1.50 | 35.5 | 82% |
| 2018 | 2.75 | 10% | - | 19.5 | -31% |
| 2017 | 2.50 | 25% | 1.50 | 28.4 | 14% |
| 2016 | 2.00 | 33% | 1.50 | 24.8 | 59% |
| 2015 | 1.50 | 25% | 0.70 | 15.6 | 83% |
| 2014 | 1.20 | 20% | - | 8.5 | 20% |
| 2013 | 1.00 | 43% | - | 7.0 | -41% |
| 2012 | 0.70 | 40% | 1.00 | 11.9 | 240% |
| 2011 | 0.50 | 0% | - | 3.5 | 0% |
| Total | 325.5 |