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 yield of 3.2%.
The Board has proposed an ordinary dividend of SEK 4.75 (4.50+2.00) per share to the 2022 Annual General Meeting.
Target a dividend pay-out ratio of 50% of adjusted earnings per share, through the cycle
10-year averages:
Long-term principle for capital allocation
Capital policy
The long-term principle is for capital to be fairly evenly split between dividend, M&A and debt reduction. In the odd year the split may differ, should we for instance make a large acquisition.
Well invested – CAPEX at 4bn SEK annually
Previous peaks of 7bn SEK and 5bn SEK in 2008 and 2011 respectively.
Sandvik is an engineering group in mining and rock excavation, rock processing, metal cutting and materials technology, providing optimized products and solutions based on digitalization, innovation and sustainable engineering.
Copyright © Sandvik AB; (publ)
Box 510, SE-101 30 Stockholm, Sweden
Phone: +46 8 456 11 00
