Shareholders rewarded

Sandvik is committed to generating maximum shareholder value. On the back of strong financial performance, supported by strong markets and internal efficiency improvements, we have a 10-year-average dividend yield of 2.9%.

Target dividend pay-out ratio

50%

We target a dividend pay-out ratio of 50% of adjusted earnings per share, through the cycle.

Dividend outcome 2023

43%

The AGM 2023 decided of an ordinary dividend of SEK 5.50 (5.00) per share, corresponding to a payout ratio of 43%.

Responsible and value-creating capital allocation

The long-term principle is for capital to be allocated to invest into sustainable organic growth, meet dividend commitments and value-creating M&A.