Dividend policy
Nobel Biocare’s dividend policy is based on the capital management principles as outlined in Note 28 (page 146) of the consolidated financial statements of the annual report and should reflect the Group’s long-term financial development, taking into account the need for investments and the expected economic fluctuations in particular years.
It is designed to maintain attractive dividend yields for investors and an affordable payout ratio of between 35 percent and 45 percent (calculated as dividend in percentage of available profit for the year) as a general target.