The board of directors’ intention is for the H&M group to continue to provide shareholders with a good return while ensuring that growth and investments in the business can proceed with a continued strong financial position and freedom of action. Based on this, the board of directors has proposed a dividend policy stating that the ordinary dividend over time is to exceed 50 percent of profit after tax and additionally that identified surplus liquidity – taking into consideration the capital structure target and investment requirements – can be distributed to shareholders through an extra dividend or a buyback programme.

The 2024 annual general meeting approved the board’s proposal that a dividend of SEK 6.50 per share be distributed to the shareholders. The dividend will be paid in two instalments during the year, in May and November. The record date for the first dividend payment of SEK 3.25 per share is 7 May 2024. The dividend is expected to be paid out by Euroclear Sweden AB on 13 May 2024. The record date for the second dividend payment of SEK 3.25 per share is 8 November 2024. The dividend is expected to be paid out by Euroclear Sweden AB on 13 November 2024.