Dividend and dividend policy
Dividend policy
It is the intention of the Husqvarna Board of Directors to give shareholders a dividend that reflects a good direct yield as well as dividend growth, and to implement a policy in which the level of the dividend is linked to Husqvarna's earnings, financial position and other factors which the Board considers to be relevant. In the long term the annual dividend shall correspond to 25-50% of the Group's net income.
Dividends
Dividends can be authorized by the Annual General Meeting or an Extraordinary General Meeting. The dividend is normally paid by the VPC in cash, but may also be non-cash.
| Dividend history | |||
|---|---|---|---|
| 2006 | 2007 | 2008 | |
| Dividend per share, SEK *) | 2.25 | 2.25 | 0.00 |
| Dividend pay-out ratio, % | 35 | 42 | - |
| * For 2006, the dividend was SEK 1.73 if adjusted for the bonus issue in 2007 | |||
| 2008 As proposed by the Board | |||