Dividend

Dividend policy

H &M's financial goal is to enable the company to continue enjoying good growth and to be prepared to exploit future business opportunities. It is essential that the company’s expansion is able to proceed as in the past with continued high degree of financial strength and continued freedom of action. Based on this policy, the board of directors has determined that the dividend should equal around half of the profit after taxes. In addition, the board may propose the distribution of any surplus liquidity.

 

Dividend

The Annual General Meeting on May 8 2018, decided according to the board's proposal a dividend of SEK 9.75 per share to be paid for 2017 and that the dividend is to be paid in two instalments during the year – in May and in November.

11 May 2018 was decided as record date for the first dividend payment of SEK 4.90 per share. With this record day, Euroclear Sweden AB is expected to pay the dividend on 16 May 2018. To be guaranteed dividend payment, the H&M shares must have been purchased no later than 8 May 2018. Ex-dividend day is 9 May 2018.

13 November 2018 was decided as record date for the second dividend payment of SEK 4.85 per share. With this record day, Euroclear Sweden AB is expected to pay the dividend on 16 November 2018. To be guaranteed the second dividend payment, the H&M shares must have been purchased no later than 9 November 2018. Ex-dividend day is 12 November 2018.

 

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