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Dividend Policy

The Company has an ambition to create long term shareholder value in the form of dividend payments and share price appreciation over time. Dividend payments will be considered in light of the Company's financial situation and investment plans. The Company's objective is to pay annual dividends representing minimum 75% of the Group's consolidated net profit.

Dividend per share Pay-out ratio
2017 1.5 84%
2018 1.6 74%
2019 1.6 118%
2020 1.6 117%
2021 1.7 96%
2022 1.7 131%

Analysts

Broker house Analyst Phone E-mail
Arctic Securities Kristian Spetalen +47 95 10 08 87 kristian.spetalen@arctic.com
Pareto Securities AS Olav Rødevand +47 22 87 87 30 olav.rodevand@paretosec.com
Sparebank 1 Markets AS Petter Kongslie +47 24 14 74 96 petter.kongslie@sb1markets.no