Alfa Laval Corporate AB Proposes Dividend, Payable on May 3, 2024
February 06, 2024 at 01:30 am EST
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The Board of Directors of Alfa Laval Corporate AB at the AGM to be held on April 25, 2024, proposed a dividend of SEK 7.50 per share (SEK 6.00 per share) to the Annual General Meeting. Record date for the right to receive dividend is proposed to be April 29, 2024. If the general meeting resolves in accordance with this proposal, Euroclear Sweden AB is expected to pay the dividend on 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%).