Share data

Relevant share data from 2015 and onwards.

Earnings per share based on the average number of shares restated to take into account the 2:1 share split in 2018

PROFIT PER SHARE 2019 2018 2017 2016 2015
– after 22,0 assumed tax, SEK 7.27 7.89 6.70 5.79 6.04
– after tax, SEK 7.15 7.78 6.44 5.44 5.87
Equity per share, kr 40.04 37.04 33.04 31.55 30.46
Dividend per share, kr 2.50 1) 5.10 4.75 4.75 4.75
Payout ratio, % 35.00 66.00 74.00 87.00 81.00
Yield, % 1.60 3.90 3.60 4.10 4.30
Share price end of period, SEK 156.60 129.98 131.00 116.50 109.75
Highest share price, SEK 156.60 152.48 141.00 122.00 115.25
Lowest share price, SEK 113.00 115.00 111.00 88.75 84.00
P/e-number at the end of the year 21.90 16.70 20.30 21.40 18.70
Cash flow per share, SEK 1.70 3.80 4.48 3.68 4.18

1) Dividend decided by the annual general meeting

SHARE NUMBER 2019 AFTER SPLIT 2:1 MAJ 2018 2017 2016 2015
Outgoing 60,262,200 60,262,200 60,262,200 60,262,200 60,262,200
Average 60,262,200 60,262,200 60,262,200 60,262,200 60,262,200

Share capital trend

Year Increase in share capital, KKR Total share capital, KKR Increase in the number of shares, ST Total number of shares, ST
1993 Opening balance – 53,660 – 2,146,400
1993 Non-cash issue upon acquisition of G & L Beijer Import & Export AB in Stockholm 6,923 60,583 276,900 2,423,300
1993 Rights issue 30,291 90,874 1,211,650 3,634,950
1994 Non-cash issue upon acquisition of AB Stafsjö Bruk 5,000 95,874 200,000 3,834,950
1996 Conversion of subordinated loans 47 95,921 1,875 3,836,825
1997 Conversion of subordinated loans 2,815 98,736 112,625 3,949,450
1998 Conversion of subordinated loans 1,825 100,561 73,000 4,022,450
2000 Conversion of subordinated loans 30 100,591 1,200 4,023,650
2001 Non-cash issue upon acquisition of Elimag Industri AB 11,750 112,341 470,000 4,493,650
2001 Split 2:1 – 112,341 4,493,650 8,987,300
2001 Conversion of subordinated loans 388 112,729 31,000 9,018,300
2002 Conversion of subordinated loans 62 112,791 5,000 9,023,300
2004 Conversion of subordinated loans 1,505 114,296 120,400 9,143,700
2006 Split 3:1 – 114,296 18,287,400 27,431,100
2010 Non-cash issue upon acquisition of Beijer Tech AB 11,250 125,546 2,700,000 30,131,100
2018 Split 2:1 – 125,546 30,131,100 60,262,200

DIVIDEND

The Board of Directors has adopted an amended dividend policy that stipulates that the dividend, in the long term, shall amount to not less than one-third of the company’s net profit, excluding items affecting comparability, compared with the earlier policy of approximately one-third of profit after standard tax.

The 2019 Annual General Meeting will propose for an ordinary dividend of SEK 2.50 (5.10) per share. The dividend provides a yield of 1.6 percent (3.9), based on the share price at the end of 2019 and 2018.  It is the Board of Directors’ ambition to call an extraordinary general meeting later in the year that will decided on an additional dividend, subject to a stabilization in the market situation by that time.

Dividend for year Per share, SEK Percentage of profit per share
after tax, %
2019 2,50 35
2018 5,10 66
2017 4,75 74
2016 4,75 87
2015 4,75 81