Partnera has set the following medium to long-term financial targets:
- return on equity over 10%;
- a stable dividend for shareholders; and
- the majority of assets to be invested are placed in strategic holdings.
These targets are not predictions for the future development of the company.
Dividend distribution policy
The Limited Liability Companies Act states that a company can distribute dividends provided that it has distributable assets for dividend distribution according to the latest audited financial statement approved in a General Meeting, and dividend distribution does not compromise the company’s solvency.
Partnera’s goal is to distribute a stable dividend. The dividend baseline is 50% of the annual financial result, noting also the company’s strategic goals and financial state.
The General Meeting decides on the dividend distribution based on the proposal by the company’s Board of Directors. If a dividend is distributed, it is usually done once per fiscal year.