Dividend Policy
Borregaard intends to pay regular and progressive dividends reflecting the Group's expected long term earnings, free cash flows and expansion 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
|
|
2023
|
31.01.2024
|
3.75
|
11.04.2024
|
22.04.2024
|
|
2022
|
02.02.2023
|
3.25
|
18.04.2023
|
27.04.2023
|
|
2021
|
02.02.2022
|
5.00***
|
07.04.2022
|
21.04.2022
|
|
2020
|
02.02.2021
|
2.50
|
14.04.2021
|
23.04.2021
|
|
2019
|
05.02.2020
|
2.30
|
15.06.2020
|
24.06.2020
|
|
2018
|
31.01.2019
|
2.25
|
11.04.2019
|
25.04.2019
|
|
2017
|
02.02.2018
|
2.00
|
12.04.2018
|
20.04.2018
|
|
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
***) Ordinary dividend for 2021 of NOK 2.75 per share and an extraordinary dividend of NOK 2.25 per share. In total dividend NOK 5.00 per share
IR Contacts
Knut-Harald Bakke
Director Investor Relations
+47 905 79 164
Lotte Kvinlaug
Investor Relations Officer
+47 922 86 909