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During the rapid growth phase that HL Display experienced in the years leading up to 2002, the Board chose to adopt a cautious dividend policy. As HL Display is now prioritising profitability and as the underlying cash flow is estimated to be healthy, even after the financing of continued growth, in future a more aggressive dividend policy will be adopted. In the long term the Board is striving to achieve a dividend proportion corresponding to 30-50 per cent of the profit per share after tax. The Board’s explanation of this year’s proposed dividend will be posted on the company’s website and distributed at the Annual meeting of shareholders.
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