Dividend policy

 

Garpco AB (publ) targets a dividend equal to 20 – 40 % of the Group’s profit after tax, provided that the financial situation allows. The reason why the dividend is not greater is because the stated growth strategy is through a combination of organic growth and acquisitions, which thereby accelerates the rate of growth. For that reason, the Group needs to retain 60-80 % of earnings after taxes.

For 2016, the Board proposes a dividend of SEK 12,00 (7,00) per share.

The Annual General Meeting sets the dividend on May 3, 2017.