Evolution AB suspends dividend
Evolution AB (EVO) announced that no dividend will be paid for 2025, marking a significant break from its prior dividend policy.
The company paid a dividend of €2.80 per share last year, but will pay €0.00 for 2025. Evolution AB distributes its dividend in euros rather than Swedish krona. The company had increased its dividend for nearly a decade, with an average dividend growth rate of approximately 46% per year over the past five years.
This decision represents a clear deviation from Evolution’s capital allocation framework, which targets distributing at least 50% of net profit annually. The company stated that it currently does not view a cash dividend as the best way to create long-term shareholder value and will provide an update on capital allocation for 2026 at a later stage.
Evolution AB (publ) is a Sweden-based company that develops, produces, markets and licenses fully integrated B2B Live Casino solutions to gaming operators. More information is available on the website of Evolution AB: https://www.evolution.com
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