Volvo recently made history as its general meeting approved the largest dividend ever paid by a truck manufacturer in the Swedish stock market. The dividend, which is equivalent to about 3.2 billion euros, was approved at SEK 7.5 per share along with an additional dividend of SEK 10.5 per share. This brings the total distribution to 36.6 billion kroner.
In contrast to the previous year’s earnings per share of 24.5 crowns, Volvo’s closing share price stands at SEK 317.95. This remarkable decision marks a significant increase from the previous dividend record set in 2021 when Volvo distributed 30.5 billion kroner to its shareholders.
For more information on this record-breaking dividend distribution, please visit [insert URL here].
