4.3.12Dividends Paid and Proposed
The Company’s dividend policy is to maintain a stable dividend, which grows over time. Determination of the dividend is based on the Company’s assessment of its underlying cash-flow position. As part of the Company’s regular planning process, following review of its cash-flow position and forecast, the Company proposes to pay out a dividend of US$1.10 per share, equivalent to c.US$2001million, to be paid out of retained earnings. This dividend will be proposed at the Annual General Meeting on April 13, 2023. This represents an increase of 10% compared to the US$1 dividend per share paid in 2022.