Dividend

Here you find our dividend policy and proposed dividend for 2020.

DIVIDEND POLICY

Telia Company intends to follow a progressive dividend policy, with a floor of SEK 2.00 per share and an ambition for low to mid-single digit percentage growth.

The operational free cash flow is expected to cover the minimum level throughout the 2021-2023 period.

The structural part1 of operational free cash flow is expected to cover the minimum level of dividend from 2022.

1) Telia Company consider the structural part of Operational free cash flow to be Operational free cash flow less contribution from change in working capital.

First distribution

The Board of Directors proposes that the final day for trading in shares entitling shareholders to dividend be set for April 12, 2021, and that the first day of trading in shares excluding rights to dividend be set for April 13, 2021. The recommended record date at Euroclear Sweden for the right to receive dividend will be April 14, 2021. If the AGM votes to approve the Board’s proposals, the dividend is expected to be distributed by Euroclear Sweden on April 19, 2021.

Second distribution

The Board of Directors proposes that the final day for trading in shares entitling shareholders to dividend be set for October 26, 2021, and that the first day of trading in shares excluding rights to dividend be set for October 27, 2021. The recommended record date at Euroclear Sweden for the right to receive dividend will be October 28, 2021. If the AGM votes to approve the Board’s proposals, the dividend is expected to be distributed by Euroclear Sweden on November 2, 2021.

 

Dividend history

Approval at AGM Dividend for fiscal year SEK/share SEK million total
2020

2019

2.45

10,019

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.