Dividend

No dividend has been proposed for the 2010 fiscal year.

Dividend policy

The Board of Director’s goal is to propose dividends that, over time, correspond to an average of approximately 30 to 50% of consolidated net profit for the year after tax.

The date for, as well as the amount of, any future dividends will depend on the company’s future earnings, cash flow, equity/assets ratio (which, according to the Board of Directors should not be less than 35%), expansion and acquisition opportunities, liquidity and financial position in other respects.

Dividend history

No dividend was payed for the abbreviated May to December 31, 2009 fiscal year.

No dividend was payed for the 2008/2009 fiscal year.

The dividend for the 2007/2008 fiscal year was resolved at the Annual General Meeting on September 3, 2008 in the amount of SEK 2.65 per share, corresponding to SEK 77.7 M. The dividend comprised an ordinary dividend of SEK 1.65 plus an extraordinary dividend of SEK 1.

The dividend for the 2006/2007 fiscal year was resolved at the Annual General Meeting on September 5, 2007 in the amount of SEK 4.85 per share, corresponding to SEK 142.3 M. The dividend comprised an ordinary dividend of SEK 2.85 plus an extraordinary dividend of SEK 2.

The dividend for the 2005/2006 fiscal year was resolved at the Annual General Meeting held on September 5, 2006 in the amount of SEK 2.35 per share, corresponding to SEK 65.8 M.

The dividend for the 2004/2005 fiscal year was resolved at the Annual General Meeting held on August 18, 2005 in the amount of SEK 0.75 per share, corresponding to SEK 19.9 M.

Up to fiscal year 2003/2004, Hemtex AB did not pay a dividend for any year.