Better Collective aims to have an annual dividend of more than 50 percent of its profit for the year. However, as the Group intends to raise equity capital to expand its acquisition strategy, the Group expects no dividend before the year 2020 (payout in 2021). Thereafter the board of directors will revisit the capital structure of the Group and evaluate whether to pay dividends. The decision to pay dividends will be based on the Group’s financial position, investment needs, liquidity position as well as general economic and business conditions. If the board of directors finds it appropriate, dividend pay-out may be partially or wholly substituted by a share buy-back.
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