Dividend

Dividend policy

The quarterly dividend level shall reflect the present and expected future cash flow generation of the Company. To this end, a target level for net interest bearing debt is determined, reviewed and updated on a regular basis. When the target is met, at least 75% of the annual free cash flow after operational and financial commitments will be distributed as dividends.

Dividend details
YEAR CASH DIVIDEND PROP. DATE APPR. DATE EX. DATE PAYM. DATE CASH DIVIDEND (USD)(2) PAYM. DATE (ADR'S)
2017 3.40 (NOK) (4) 31.10.17 31.10.17 10.11.17 15.11.17 USD 0.41 22.11.17
2017 3.20 (NOK) (4) 23.08.17 24.08.17 01.09.17 06.09.17 USD 0.41 13.09.17
2017 3.00 NOK (4) 09.05.17 01.06.17 02.06.17 08.06.17 USD 0.35 15.06.17
2017 2.80 NOK (4) 14.02.17 14.02.17 24.02.17 01.03.17 USD 0.33 08.03.17
2016 2.30 NOK (4) 01.11.16 01.11.16 11.11.16 16.11.16 USD 0.27 23.11.16
2016 3.20 NOK (4) 17.08.16 17.08.16 26.08.16 31.08.16 USD 0.38 07.09.16
2016 1.70 NOK (4) 10.05.16 10.05.16 20.05.16 25.05.16 USD 0.20 01.06.16
2016 1.40 NOK (4) 16.02.16 16.02.16 26.02.16 02.03.16 USD 0.16 09.03.16
2015 1.40 NOK (4) 27.10.15 27.10.15 06.11.15 11.11.15 USD 0.16 18.11.15
2015 1.30 NOK (4) 11.08.15 11.08.15 21.08.15 26.08.15 USD 0.15 02.09.15
2015 1.30 NOK (4) 28.04.15 28.04.15 27.05.15 01.06.15 USD 0.16 08.06.15
2015 1.20 NOK (4) 03.02.15 03.02.15 18.02.15 24.02.15 USD 0.16 03.03.15
2014 1.10 NOK (4) 21.10.14 21.10.14 31.10.14 06.11.14 USD 0.16 13.11.14
2014 1.00 NOK 26.08.14 26.08.14 04.09.14 15.09.14 USD 0.16  22.09.14
2014 5.00 NOK 30.04.14 22.05.14 23.05.14 04.06.14 USD 0.83  11.06.14
2014 1.20 NOK 05.02.14 04.02.14 19.02.14 28.02.14 USD 0.20  07.03.14
2013 0.75 NOK(1) 23.10.13 15.11.13 18.11.13 27.11.13 USD 0.12 (1)  N/a
2013  0.50 NOK(1) 21.08.13 16.09.13 17.09.13 26.09.13 USD 0.08 (1)  N/a
2013  1.00 NOK(1) 19.04.13  23.05.13 24.05.13 04.06.13 USD 0.17 (1)  N/a
2011 8.00 NOK(1) 18.04.11 09.05.11 10.05.11 20.05.11 USD 1.45 (1)  N/a
2010 0.50 NOK(1) 03.11.10 07.12.10 08.12.10 17.12.10 USD 0.08 (1)  N/a
2010 2.00 NOK(1) 21.07.10 23.08.10 24.08.10 02.09.10 USD 0.32 (1)  N/a
2010 3.50 NOK(1) 05.05.10  27.05.10 10.06.10 22.06.10 USD 0.54 (1)  N/a
2009 N/a N/a N/a N/a N/a N/a  N/a
2008 N/a N/a N/a N/a N/a N/a  N/a
2007 0.95 NOK(1)(3) 15.11.07 29.11.07 30.11.07  21.12.07 USD 0.17 (1)  N/a

 

(1) Dividend is adjusted for reverse split of share 21-Jan-2014 (10 shares converted to 1).
(2) Marine Harvest listed at the New york Stock Exchange 28-Jan-2014, dividend before this date is calculated into USD using the closing rate for the payment date.The amounts have been rounded to the nearest two decimals.
(3) The dividend was made payable by way of distribution of shares in Lighthouse Caledonia ASA.
(4) Distributed in the form of a repayment of paid-in capital.