The Board of Directors’ proposes to pay a dividend of 0.76 Swiss franc per share which has to be approved by the shareholders at the Annual General Meeting on April 13, 2017
ABB’s dividend policy is to pay a steadily rising, sustainable dividend over time
For 2016, the Board has proposed a dividend increase of 0.02 Swiss francs to 0.76 Swiss francs per share. The proposal is in line with the company’s dividend policy to pay a steadily rising, sustainable dividend over time. If approved by shareholders at the company’s annual general meeting on April 13, 2017, the Board proposes that the dividend be paid as an ordinary dividend. Since the dividend is paid out of retained earnings, it will be subject to Swiss withholding tax. The ex-dividend and payout dates in Switzerland are expected in April 2017. Further information will be made available on ABB’s website in due course.
Shareholders that are tax-resident in Sweden and hold shares of ABB Ltd registered with Euroclear Sweden, will have the option to participate in a facility that will allow them to receive the dividend relating to those shares in Swedish Kronor free of Swiss withholding tax. Further information will be made available on ABB’s website in due course.
Share buy back program is offering additional returns to shareholders
ABB announced on October 4, 2016 its plans for a new share buyback program of up to $3 billion from 2017 through 2019. This reflects the company’s confidence and the continued strength of ABB’s cash generation and financial position. On September 30, 2016, ABB announced the completion of its recent share buyback program in which it returned $3.5bn to its shareholders. Over the last three years, ABB has returned $8.7bn to shareholders in the form of dividends and share buybacks. (share-buyback-program).
Historical information ABB dividend per share
Dividend per share
|2015||July 20, 2016||CHF 0.74|
|2014||July 29, 2015||CHF 0.72 (split payment - CHF 0.55 and CHF 0.17)|
|2013||May 8, 2014||CHF 0.70|
|2012||May 3, 2013||CHF 0.68|
|2011||May 4, 2012||CHF 0.65|
|2010||May 6, 2011||CHF 0.60|
|2009||July 15, 2010||CHF 0.51|
|2008||July 27, 2009||CHF 0.48|
|2007||July 28, 2008||CHF 0.48|
|2006||May 8, 2007||CHF 0.24|
|2005||May 9, 2006||CHF 0.12|