Dividend

The Company's ambition is to distribute at least 50 per cent of its net profit.

The Company’s ambition is to distribute at least 50 per cent of its net profit. When deciding the annual dividend level the Board of Directors will take into consideration expected cash flow, capital expenditure plans, financing requirements and appropriate financial flexibility.

Dividend for 2016

The dividend for 2016 is in line with the dividend policy to pay out to shareholders 50% of net profits.
Dividend for 2016 corresponds to NOK 3.00 per share.

 

Year  Cash dividend Ex-dividend date Record date Payment date
2016 3.00 NOK 12.05.2017 15.05.2017 31.05.2017
2015 2.90 NOK 27.04.2016 28.04.2016 06.05.2016
2014 3.20 NOK 16.04.2015 20.04.2015
2014* 7.30 NOK 16.04.2015 22.05.2015

*)Extraordinary dividend of NOK 191.6 million to be paid to the shareholders registered on 16 April 2015

5