Aker ASA and holding companies Q4 NAV increased 10 billionChristian Fernsby ▼ | February 14, 2020
The Net Asset Value (“NAV”) of Aker ASA and holding companies ended at NOK 50.0 billion in the fourth quarter of 2019 (NOK 43.1 billion at the third quarter 2019).
Aker The NAV ended the year at NOK 50.0 billion
The NAV ended the year at NOK 50.0 billion, up from NOK 41.7 billion at the end of 2018, representing a return of 23.7 per cent, including paid dividend of NOK 1.7 billion.
Aker received a record high NOK 3.5 billion in upstream cash in 2019.
The Board of Directors proposes a cash dividend of NOK 23.50 per share for the fiscal year 2019, corresponding to a 4.3 per cent yield to the share price and 3.5 per cent of NAV at the close of the year. ■