Dividend

Dividends

The Company’s dividend policy is to distribute dividend of minimum 10% of the nominal share capital each year, corresponding to DKK 0.125 per share. Besides, the Board of Directors may decide to propose to the General Meeting that this dividend be supplemented with an extraordinary dividend for a specific fiscal year.

However, it is decisive for Columbus to reduce debts and improve financial resources in order to be able to seize any positive development opportunities for continued strengthening of the long-term value creation for the Company. The Board of Directors may therefore decide to deviate from the dividend policy and propose at the General Meeting that dividends are not distributed for a specific fiscal year.

The Board of Director proposes that the Annual General Meeting adopts ordinary dividends to shareholders of 10% of the nominal value in line with the dividend policy.

 

Year

Dividend per share of DKK 1.25

No. of shares at time of dividend payment

Dividend total, DKK

2019

0,125

124622132

15577767

2018

0,125

121787132

15223392

2017

0,125

119865632

14983204

2016

0,125

116197772

14524722

2015

0,125

113698572

14212329