Dividend

Dividend policy

The board of directors’ intention is for the H&M group to continue to provide shareholders with a good return while ensuring that growth and investments in the business can proceed with a continued strong financial position and freedom of action. Based on this, the board of directors has proposed a dividend policy stating that the ordinary dividend over time is to exceed 50 percent of profit after tax and additionally that identified surplus liquidity – taking into consideration the capital structure target and investment requirements – can be distributed to shareholders through an extra dividend or a buyback programme.

Proposed dividend

The board of directors is proposing to the 2024 annual general meeting that a dividend of SEK 6.50 per share (6.50) is paid. The dividend will be paid in cash, split into two instalments. The first payment of SEK 3.25 will be made in May and the second payment of SEK 3.25 will be made in November. The board’s proposed record dates are 7 May 2024 and 8 November 2024. If the annual general meeting approves the board’s proposal, the dividend is expected to be paid out on 13 May 2024 and 13 November 2024.