Dividends & dividend policy
Here, you will find information about Knowit's dividend policy, share dividend, and dividend history.
Dividend policy
The Board has adopted a dividend policy where the ambition is that the dividend shall be 40-60 percent of the profit after taxes. The dividend shall reflect the Board’s view on the expected market development and the Company’s growth strategy.
Increased dividend
The Board suggests a dividend of SEK 7.00 per share for the financial year, totaling SEK 191.9 (139.0) million. In order to both support an increased interest in trading of the share and gain a more even liquidity across the year, thereby increasing the financial flexibility, payouts of dividends will in the future be made at two occasions during the year. The Board’s suggestion is therefore for dividends of SEK 3.50 with a planned record date on May 4, 2022, and SEK 3.50 with a planned record date on November 16, 2022.
Dividends, SEK, Millions
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
| To the shareholders in Knowit AB | 61.3 | 78.5 | 92.5 | 114.3 | -* |
139.0 |
| Dividends paid out | 72.1 | 82.8 | 99.1 | 122.9 | 8.4 |
152.0 |
* The Board retracted its proposal for a dividend of SEK 6.40 per share for the financial year 2019. The decision was made to prioritize the financial stability of the company, given the uncertain situation due to the COVID-19 pandemic.
Dividend per share, SEK
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| Dividend per share, SEK | 7.00* | 7.00 | -** | 5.80 | 4.75 | 3.75 |
* Proposed dividend.
** The Board retracts its proposal of a dividend of SEK 6.40 per share for the financial year 2019. The decision is made to prioritize the financial stability of the Company given the uncertain situation due to the COVID-19 pandemic.
Read more about the share