Atea's policy is to distribute approximately 70-100 percent of net profit (after tax) to shareholders in the form of a dividend.
In April 2023 the Annual General Meeting approved a recommendation from the Board of Directors to distribute a dividend of NOK 6.25 per share in 2023. This was to be paid in two equal installments in May and November 2023. The first dividend payment of NOK 3.125 per share was made on May 11th 2023. A second dividend payment of NOK 3.125 per share was made on November 28th 2023.
The dividend of NOK 6.25 per share represents a payout of over 80% of net profit (after tax )in 2022. This was based on the number of shares outstanding on the AGM date.
On February 7th, 2024, the Board of Atea ASA resolved to propose a dividend of NOK 7.00 per share at the next Annual General Meeting. This meeting was to be held on April 25th, 2024. The dividend is to be split into two equal payments of NOK 3.50, which will take place in May and November 2024.
Payment date |
Dividend per share* |
2023/11/28 | NOK 3.125 |
2023/05/11 | NOK 3.125 |
2022/11/23 | NOK 2.75 |
2022/05/19 | NOK 2.75 |
2021/11/18 | NOK 2.50 |
2021/05/19 | NOK 2.50 |
2020/11/19 | NOK 5.00 |
2019/11/06 | NOK 3.25 |
2019/05/15 | NOK 3.25 |
2018/11/06 | NOK 3.25 |
2018/05/08 | NOK 3.25 |
2017/11/01 | NOK 3.25 |
2017/05/12 | NOK 3.25 |
2016/11/01 | NOK 3.25 |
2016/05/09 | NOK 3.25 |
* For Norwegian tax purposes, the dividend shall be considered as repayment of paid in capital.