It is the Board of Directors’ objective to offer competitive returns to its shareholders, supported by a high dividend payout ratio. The General Meeting declares the annual dividend based on a proposal from the Board of Directors.
The dividend policy of the Board of Directors is to distribute over 70 per cent of Atea’s free cash flow (cash flow from operations after capex) as a dividend to shareholders.
In 2019, the Board proposed to distribute a dividend for the 2018 accounting year of NOK 6.50 per share, to be paid in two equal installments of NOK 3.25 during May and November.
* In 2013 NOK 5.50 per share in ordinary dividend and NOK 4.00 in extraordinary dividend
* For Norwegian tax purposes, the dividend shall be considered as repayment of paid in capital.