Dividend and share buy backs

In future, Schibsted will place greater emphasis on a fixed dividend payout ratio that, over time, is to be 25-40 per cent of the Group’s cash flow per share. In addition, the Board wants the dividend to be stable over time. In years of economic contraction, the dividend level will be maintained in so far as the Group’s capital structure so permits. Such a dividend level will mean that Schibsted’s direct yield will be competitive both in the Norwegian market and compared to other European media companies. A stable increase in dividends combined with share buy backs are considered appropriate means of adjusting the capital structure of the group.

Historical dividend per share  

Dividend dates 2009