Dividend
Here you find our dividend policy and dividend target for 2016.
Dividend policy
Telia Company intends to distribute a minimum of 80 percent of free cash flow from continuing operations, excluding licenses. The dividend should be split and distributed in two equal tranches.
The company targets a leverage corresponding to Net debt/EBITDA of 2x plus/minus 0.5x.
The company shall continue to target a solid investment grade long-term credit rating (A- to BBB+).
Historical dividend information
| Decision at AGM | Dividend for year | SEK/share | SEK million total |
|---|---|---|---|
|
2017 |
2016 |
2.00 |
8,660 |
|
2016 |
2015 |
3.00 |
12,990 |
|
2015 |
2014 |
3.00 |
12,990 |
|
2014 |
2013 |
3.00 |
12,990 |
|
2013 |
2012 |
2.85 |
12,341 |
|
2012 |
2011 |
2.85 |
12,341 |
|
2011 |
2010 |
2.75 |
12,349 |
|
2010 |
2009 |
2.25 |
10,104 |
|
2009 |
2008 |
1.80 |
8,083 |
|
2008 |
2007 |
4.00*** |
17,962*** |
|
2007 |
2006 |
6.30** |
28,290** |
|
2006 |
2005 |
3.50* |
15,717* |
|
2005 |
2004 |
1.20 |
5,610 |
|
2004 |
2003 |
1.00 |
4,675 |
|
2003 |
2002 |
0.40 |
1,870 |
* Including SEK 2.25 per share and SEK 10,104 million in extraordinary dividend.
** Including SEK 4.50 per share and SEK 20,207 million in extraordinary dividend.
*** Including SEK 2.20 per share and SEK 9.9 billion in extraordinary dividend.