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Dividend policy

Borregaard intends to pay regular and progressive dividends reflecting the Group's expected long term earnings, free cash flows and expanison investments. The annual dividend is targeted to be between 30% and 50% of the Company’s net profit for the preceding fiscal year.

DIVIDEND

Dividend   for year Dividend proposal Dividend (NOK) Dividend basis rate* Dividend paid out
2016 10.02.2017 3.50** 20.04.2017 03.05.2017
2015 03.02.2016 1.50 13.04.2016 22.04.2016
2014 04.02.2015 1.25 15.04.2015 24.04.2015
2013 04.02.2014 1.10 23.04.2014 06.05.2014
2012 05.02.2013 1.00 15.04.2013 25.04.2013

 *) Dividend will be paid out to shareholders as per decision of the Annual General Meeting

 **) Ordinary dividend for 2016 of NOK 1.75 per share and an extraordinary dividend of NOK 1.75 per share. In total dividend NOK 3.50 per share