Dividend

Here you find our dividend policy and proposed dividend for 2019.

DIVIDEND POLICY

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 tranches.

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

PROPOSED DIVIDEND FOR 2019

On January 29, 2020, it was announced that the Board of Directors proposed to the Annual General Meeting (AGM) an ordinary dividend of SEK 2.45 per share (2.36).

On March 26, 2020, it was announced that the Board of Directors had decided to amend its dividend proposal to the Annual General Meeting to SEK 1.80 per share from the previous SEK 2.45 proposal.

On April 2, 2020, the Annual General Meeting (AGM) decided on an ordinary dividend of SEK 1.80 per share (2.36), totaling SEK 7.4 billion (9.9). The dividend should be split and distributed into two tranches of SEK 0.90 per share.

On October 6, 2020, it was announced that the Board of Directors had decided to propose to pay an additional dividend of SEK 0.65 per share, subject to the approval by an Extraordinary General Meeting. If approved, the resulting total dividend per share payment would amount to SEK 2.45 for the financial year 2019.

First distribution
The Annual General Meeting (AGM) decided that the first distribution of the dividend was to be distributed by Euroclear Sweden on April 9, 2020.

Second distribution
The Annual General Meeting (AGM) decided that the second distribution of the dividend was to be distributed by Euroclear Sweden on October 28, 2020.

Additional dividend
The Board of Directors has decided to propose to pay an additional dividend of SEK 0.65 per share, subject to the approval by an Extraordinary General Meeting. The Extraordinary General Meeting will be held December 2, 2020. The record date at Euroclear Sweden for the right to receive dividend will be December 4, 2020. The dividend is expected to be distributed by Euroclear Sweden on December 9, 2020.



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.