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.
Dividend
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.
Dividend history
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
Annual General Meeting 2023
Scandic’s Annual General Meeting 2023 was held on May 9, at Vasateatern, Scandic Grand Central, Stockholm.
General Meetings archive
Find all information and documentation related to historical general meetings.
Latest press releases
Scandic strengthens position in Helsinki with two new hotels
Scandic Hotels has signed a long-term lease agreement with landlord Projekti GH Oy for two hotels with a total of 459 rooms in the unique Garden Helsi...
Scandic Go to open its doors today in Stockholm
Scandic Go is Scandic’s new brand in the fast-growing economy segment, offering smart accommodation solutions in attractive city locations at a good p...
Scandic appoints Malin Selander as new Communications Director
Malin Selander has been recruited as new Communications Director for Scandic Hotels Group where she will be responsible for the company’s external and...
About Scandic
Scandic is the largest Nordic hotel operator with a network of about 280 hotels with 58,000 hotel rooms in operation and under development in six countries. Scandic Friends is the biggest loyalty program in the Nordic hotel sector. Corporate responsibility has always been a part of Scandic’s DNA. Since December 2, 2015, Scandic has been listed on Nasdaq Stockholm. Read more about Scandic
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