Pandox AB (publ) adjusts dividend policy
To capture growth opportunities while at the same time maintaining a strong financial position, Pandox has decided to adjust its dividend policy. Pandox’s new target is a dividend pay-out ratio of 30-50 percent (previously 40-60 percent) of total cash earnings (*), with an average dividend pay-out ratio over time of approximately 40 percent (previously approximately 50 percent).Pandox will remain a company with good returns and a balanced financial risk. Pandox’s management and board expect that the new dividend policy will contribute positively to the company’s possibilities to create