This Company Breaks Sweden’s Dividend Record

Volvo Makes History with Record-Breaking Dividend Payout in the Swedish Stock Market

Today, Volvo made history as its general meeting approved the largest dividend ever in the Swedish stock market. The decision was to pay a dividend of SEK 7.5 per share, along with an additional dividend of SEK 10.5 per share. This results in a total distribution of 36.6 billion kroner, equivalent to about 3.2 billion euros, to its shareholders.

In the previous year, Volvo reported earnings per share of 24.5 crowns, and as of recently, its closing share price stood at SEK 317.95. This remarkable decision by Volvo’s general meeting marks a significant increase from the previous dividend record set in 2021, also accomplished by Volvo, where the company distributed 30.5 billion kroner to its shareholders.

Volvo’s record-breaking dividend distribution is a testament to the company’s financial strength and commitment to returning value to its shareholders. The dividend payment is scheduled for April 5th, and investors should take note of this exciting opportunity to receive a portion of Volvo’s profits.

For more information about Volvo’s record-breaking dividend distribution, please visit [insert URL here].

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