Published by Global Banking & Finance Review®
Posted on July 18, 2025
2 min readLast updated: January 22, 2026
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Boliden's CEO plans to resume dividends, aiming to distribute 1/3 of net profit. Strong cash flow and potential for extra dividends are highlighted.
(Reuters) -Swedish miner Boliden plans to resume dividends going forward, the group's Chief Executive Mikael Staffas said in an interview on Friday.
The copper and zinc producer, which scrapped its payout for 2024 after the acquisitions of the Somincor and Zinkgruvan mines from Lundin Mining, is committed to its dividend policy to distribute 1/3 of its net profit to shareholders, he said.
"Even though we had a good cash flow in this quarter, the balance sheet is much stronger than I think most people thought it would be after the acquisition," Staffas said.
He added that while Boliden is not yet ready to pay extra dividends, he would not rule it out if it had too much surplus capital.
The group, which also mines gold and silver, reported free cash flow (FCF) excluding the acquisition of 2,035 million Swedish crowns ($210.19 million) in the second quarter.
Both RBC and JP Morgan said that the FCF was higher than anticipated with the beat coming from the release of working capital.
Staffas would not comment on the size of any potential dividend.
($1 = 9.6816 Swedish crowns)
(Reporting by Agnieszka Olenska and Izabela Niemiec; Editing by Matt Scuffham)
Boliden's CEO Mikael Staffas stated that the company plans to resume dividend payments going forward.
Boliden reported a free cash flow of 2,035 million Swedish crowns, which exceeded expectations due to the release of working capital.
While Boliden is not yet ready to pay extra dividends, Staffas mentioned that he would not rule it out if the company had too much surplus capital.
Boliden is committed to its dividend policy, which aims to distribute one-third of its profits to shareholders.
Boliden scrapped its dividend payout for 2024 following the acquisitions of the Somincor and Zinkgruvan mines from Lundin Mining.
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