Dividend policy
The Board of Directors considers that the average dividend payments, over time, should amount to 30 - 50 percent of the net profit, either through cash dividend and/or share buy-back. Decisions as to dividend payments depend on considerations such as alternative use of assets and further strengthening of the company’s financial structure.
| Year |
EPS (NOK) |
Dividend per
share (NOK) |
| 2004 |
0.98 |
0.00 |
| 2005 |
3.78 |
1.00 |
| 2006 |
4.53 |
2.00 |
| 2006 |
Extraordinary |
6.00 |
| 2007 |
8.84 |
3.00 |
| 2008 |
5.34 |
1.60 |
| 2009 |
7.86 |
2.60 |
| 2010 |
5.96 |
2.75 |
More details