Alfa Laval AB Approves Dividend, Payable on May 3, 2024
April 25, 2024 at 12:23 pm EDT
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Alfa Laval AB (publ) at the Annual General Meeting held on April 25, 2024, approved on a dividend to shareholders of SEK 7.50 per share. It was further resolved that the record date for the dividend should be April 29, 2024, which means that payment of the dividend is expected to be distributed by Euroclear Sweden AB on Wednesday, May 3, 2024.
Alfa Laval AB specializes in the design, manufacturing and marketing of equipment and industrial systems for heating, cooling, separating and transporting of substances (oil, water, chemical and food substances, drinks, drugs, etc.). The activity is organized mainly arounf two families of products:
- solid and liquid treatment systems: systems for cooling, evaporation, extraction, drying, etc. intended primarily for the food processing, pharmaceutical, petrochemical, and energy sectors;
- production process equipment: decanters, heat exchangers, pumps, valves, air and liquid filtration systems, etc.
Net sales are distributed geographically as follows: Sweden (2.2%), Europe (32.5%), China (14.1%), South Korea (5.5%), Asia (18.2%), United States (16.7% ), North America (2.1%), Latin America (5.6%), Africa (1.9%) and Oceania (1.2%).