Dividend policy

Swisscom pursues a return policy with a stable dividend. Since 2006, the dividend per share has been CHF 22. For the financial year 2022, the Board of Directors will again propose a dividend of CHF 22 to the Annual General Meeting. The total dividend of CHF 1,140 million cor­re­sponds to 85% of the free cash flow for 2022. Since the initial public offering in 1998, the total amount distributed has equated to CHF 36 bil­lion and the average annual total shareholder return has equated to 4.5% (excluding reinvestment).