Dividend policy & Dividend
In accordance with the Board’s adopted dividend policy, Scandic aims to distribute at least 50 percent of the net profit with start from the financial year 2016.
Decisions regarding dividend proposals are made with regard to the company’s future earnings, financial position, capital requirements and macroeconomic conditions. There is no guarantee that a dividend for a given financial year will be proposed or decided upon.
At an extraordinary Board meeting held on March 16, 2020, the Board of Directors of Scandic Hotels Group AB resolved to withdraw its earlier dividend proposal to the Annual General Meeting of 3.70 SEK per share due to the current uncertainty in the company’s business situation.
2016: 3.15 kr
2017: 3.40 kr
2018: 3.50 kr
2019: 0.00 kr
2020: 0.00 kr
2021: 0.00 kr
2022: 0.00 kr
Scandic’s Annual General Meeting 2023 was held on May 9, at Vasateatern, Scandic Grand Central, Stockholm.
Find all information and documentation related to historical general meetings.
Latest press releases
- May 24, 2023 09:30 CEST 24 new industry talents graduate from Scandic’s leadership program
- May 9, 2023 15:02 CEST Bulletin from Scandic’s annual general meeting 2023
- May 8, 2023 13:15 CEST Laura Tarkka new Head of Scandic Hotels in Finland
- April 27, 2023 07:32 CEST Scandic enters economy segment – first Scandic Go hotel to open after summer