Thule Group AB Approves Dividend for the Year 2020, Payable on April 29, 2021, October 7, 2021
April 22, 2021 at 09:15 am
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Thule Group AB (publ) at its annual general meeting held on April 22, 2021 resolved to declare a dividend of SEK 15.50 per share for 2020. Further, it was resolved that the dividend shall be paid in two partial payments for a more favorable adaptation to the group’s cash flow profile. April 26, 2021 was resolved as record date for the first payment of SEK 11.50 per share and October 4, 2021 as record date for the second payment of SEK 4 per share. The first payment by Euroclear is expected to start on April 29, 2021 and the second payment on October 7, 2021.
Thule Group AB is a Sweden-based company engaged in the development and manufacture of sport, outdoor and cargo products. Its offering is divided in two business segments: Outdoor&Bags and Specialty. The Outdoor&Bags segment comprises three product categories: sport and cargo carriers, bags for electronic devices, and other outdoor and bags; as well as several product groups, namely bike and car carriers, water and winter carriers, camera bags, laptop cases, recreational vehicle products, roof racks, and sports and travel bags, among others. The Specialty segment comprises two product categories: work gear and snow chains; and such product groups as pick-up truck tool boxes, and professional and consumer snow chains. The Companyâs brands are Thule, Case Logic, Konig, UWS, TracRac and SportRac. Its products are sold to retailers, distributors and wholesalers and available in more than 130 countries. The Company is a subsidiary of Thule Group.