Dividend and Buybacks

The strategy and vision which Schibsted’s Board of Directors has agreed on means the Group’s operations must adapt quickly and be highly developed. Schibsted’s capital structure must be sufficiently robust to maintain the desired freedom of action and to be able to exploit growth opportunities based on strict assessments relating to our allocation of capital.

Schibsted will place emphasis on paying a stable to increasing dividend amount over time. In years of economic slowdown or for other reasons weaker cash flows, the company may reduce or decide not to pay dividend.

Schibsted is exposed to economic cycles as well as structural changes, and the capital structure should also be strong enough to secure financial flexibility during recession periods, which is one of the worst-case scenarios taken into account in our modeling.

Historical dividend pr. share (Year indicates fiscal year. The amount was paid out the following year.)

 

Dividends paid after share split.

A-shares and B-shares have equal economic rights

(NOK)

2016

2015

Dividend

1.75

1.75

 

Dividends paid before share split (unadjusted) 

(NOK)

20142013 2012

2011

2010

2009

2008

Dividend

3.50 3.50 3.50

3.50

3.00

1.50

0.00

(NOK)

2007

2006

2005

2004

2003

2002

2001

Dividend

6.00

5.00

4.25

3.25

4.00

2.00

2.00

Dividend dates

YearProposalResolutionEx. date*Pay out
2017 19/04/17 12/05/17 15/05/17 24/05/17
2016 19/04/16 11/05/16 12/05/16 24/05/16
2015 12/02/15 08/05/15 11/05/15 20/05/15
2014 13/02/14 07/05/14 08/05/14 20/05/14
2013 13/02/13 30/04/13 02/05/13 14/05/13
2012 16/02/12 11/05/12 14/05/12 24/05/12
2011 18/02/11 13/05/11 16/05/11 26/05/11

  *) First day of trading excluding rights to dividend