Dividend
From 2011 and onwards the Board has decided to adjust its dividend policy to distribute 50 per cent, previously 40 per cent, of net profit. This decision is based on Swedbank's strong capitalisation, the expectations of modest credit demand and the continued focus on capital efficiency. The new dividend policy takes effect in the financial year 2011.
Dividend per share decided by the AGM for 2011 is SEK 5.30 for both the common share and the preference share. Record day for the dividend is 30 March 2012. The last day for trading in Swedbank's shares including the right to dividend is 27 March 2012.The dividend is expected to be paid by Euroclear on 4 April 2012.
| Dividend period | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash dividend per A share, SEK | 5.30 | 2.10 | 0.00 | 0.00 | 9.00 | 8.25 | 7.50 | 6.50 | 5.75 | 5.50 | 5.50 |
| Cash dividend per preference share, SEK | 5.30 | 4.80 | 0.00 | 0.00 | |||||||
| Dividend ratio, % | 50 | 40 | 0 | 0 | 35 | 39 | 40** | 40 | 48 | 70 | 56 |
| Dividend growth, % | 95 | n.a. | 0 | 0 | 9 | 10 | 15 | 13 | 5 | 0 | 0 |
| Yield per year-end, A shares, SEK* | 5.95 | 2.2 | 0.0 | 0.0 | 4.9 | 3.3 | 3.46 | 3.93 | 4.08 | 5.34 | 4.23 |
| Yield per year-end, preference shares, SEK* | 5.95 | 5.0 | 0.0 | 0.0 |
* Based on share price at year-end
** Dividend ratio for the year, excluding capital gains
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