Dividend

Under the dividend policy adopted by Capio's Board of Directors in 2014, Capio intends to target annual dividends that over time reflect a payout ratio of approximately 30% of the Group's earnings after tax per year, allowing for a meaningful reinvestment in the business. Decisions relating to dividends take into account Capio's future revenue, financial position, capital require- ments, business opportunities, and the situation for the Group in general.

For the 2016 financial year, Capio paid a dividend of SEK 0.90 per share (in total MSEK 127), which was equivalent to 31% of earnings after tax and a dividend yield of 1.9% based on the share price at the end of 2016. For the 2015 financial year a dividend of SEK 0.50 per share was distributed to shareholders (36% of earnings after tax and a dividend yield of 0.9%).