Dividend

Here you find our dividend policy and approved dividend for 2018.

DIVIDEND POLICY

To have an unchanged dividend base after the implementation of IFRS 16, the dividend policy is from 2019 updated to: Telia Company intends to distribute a minimum of 80 percent of operational free cash flow including dividends from associated companies, net of taxes. The dividend should be split and distributed in two equal tranches.
 
Previously: Telia Company intends to distribute a minimum of 80 percent of free cash flow from continuing operations, excluding licenses and spectrum fees.
 



The company shall continue to target a solid investment grade long-term credit rating of A- to BBB

APPROVED DIVIDEND FOR 2018

For 2018, the Annual General Meeting (AGM) approved an ordinary dividend of SEK 2.36 per share (2.30), totaling SEK 10.0 billion (9.9), or 85 percent of free cash flow attributable to continuing operations (81). The dividend will be split and distributed into two equal tranches of SEK 1.18 each.

The actual cash flow and equity effect for 2019 from the proposed dividend will be lower than SEK 10.0 billion due to the share buy-back program.

First distribution
The final day for trading in shares entitling shareholders to dividend was set for April 10, 2019, and that the first day of trading in shares excluding rights to dividend was set for April 11, 2019. The  record date at Euroclear Sweden for the right to receive dividend will be April 12, 2019, and the dividend will be distributed by Euroclear Sweden on April 17, 2019.

Second distribution
The final day for trading in shares entitling shareholders to dividend was set for October 22, 2019, and that the first day of trading in shares excluding rights to dividend was set for October 23, 2019. The  record date at Euroclear Sweden for the right to receive dividend will be October 24, 2019 and the dividend will to be distributed by Euroclear Sweden on October 29, 2019.

Dividend history

Approval at AGM Dividend for fiscal year SEK/share SEK million total
2019

2018

2.36

9,985

2018

2017

2.30

9,959

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 extra ordinary dividend.
** Including  SEK 4.50 per share and SEK 20,207 million in extra ordinary dividend.
*** Including SEK 2.20 per share and SEK 9.9 billionin extra ordinary dividend.