ABB's dividend policy
ABB commits to paying a sustainable and steadily increasing cash dividend over time.The dividend proposal was approved at the company's annual general meeting on April 25, 2013. The ex-dividend, record and payment dates in 2013 are as follows:
|
Latest trade date to receive dividend |
Ex-date |
Record date |
Payment date |
| SIX Swiss Exchange |
April 26 |
April 29 |
May 2 |
May 3 |
| New York Stock Exchange |
April 29 |
April 30 |
May 2 |
May 10 |
| NASDAQ OMX Stockholm |
April 26 |
April 29 |
May 2 |
May 7 |
The shares of the ABB Group are held by the holding company ABB Ltd, which pays out the dividend.
In 2013, ABB is making a facility available to shareholders tax-resident in Sweden, holding shares of ABB Ltd registered with Euroclear Sweden that allows them to receive their dividend in Swedish Kronor without deduction of Swiss withholding tax. Such shareholders can apply to take part in the Dividend Access Facility (DAF) from March 25, 2013 to April 15, 2013. Please click for further information on the DAF (in Swedish) and (in English).
Dividends paid out of Capital Contribution reserves
As it did in 2012, the Board proposes that the dividend be paid from ABB Ltd’s Capital Contribution Reserve (CCR), a form of payment that is exempt from Swiss withholding tax. CCR represents the excess cash the company has received when it issued shares in the capital market. As of December 31, 2012, the company can draw on a total of approximately 4 billion Swiss francs (or approximately 3 to 4 years’ worth of dividend payment at the 2012 level) for current and future dividend payments from the CCR, which is part of stockholders’ equity. The CCR payment is treated as a normal cash dividend and has no negative impact on the quality of ABB`s balance sheet. In order to avoid double taxation for Swedish shareholders, ABB Ltd pays the dividend to a Swedish entity. The dividend is then paid from the Swedish entity to Swedish shareholders.
Dividend to be paid out within 5 business days
Dividends that are paid out of CCR are paid out within 5 working days after the AGM.
Historical information ABB dividend per share
| Year | Payment date | Dividend per share |
| 2012 | May 3, 2013 | CHF 0.68 |
| 2011 | May 4, 2012 | CHF 0.65 |
| 2010 | May 6, 2011 | CHF 0.60 |
| 2009 | July 15, 2010 | CHF 0.51 |
| 2008 | July 27, 2009 | CHF 0.48 |
| 2007 | July 28, 2008 | CHF 0.48 |
| 2006 | May 8, 2007 | CHF 0.24 |
| 2005 | May 9, 2006 | CHF 0.12 |