Dividend policy
Volati's Board has adopted a dividend policy entailing that dividends on common shares correspond to 10–30% of net profit after tax. When assessing dividends, consideration is given to future acquisition potential, development potential in existing companies, the Group's financial position and other factors deemed to be significant by the company's Board of Directors.
Preferential annual dividend
Dividends on preference shares are to be issued at an annual amount of SEK 40.00 per preference share, through quarterly payments of SEK 10.00, in accordance with the Articles of Association.
Each preference share entitles the holder to a preferential annual dividend of SEK 40.00, which is payable in an amount of SEK 10.00 each quarter. The following table sets out the dates for payment of the preference share dividends:
| 2018 | |
|---|---|
| The record date for dividend payment¹ | 5 August 2018 |
| The record date for dividend payment¹ | 5 November 2018 |
| 2019 | |
|---|---|
| The record date for dividend payment¹ | 5 February 2019 |
| The record date for dividend payment¹ | 5 May 2019 |
¹The dividend is normally distributed on the third bank day after the record date for Swedish issuers. Euroclear Sweden administers the payment, which means Volati exercises no control over this date.
