JM is the leading developer of housing and residential areas in the Nordic region. Operations focus on new-build housing in attractive locations, with emphasis on metropolitan areas and growth regions in Sweden, Norway and Finland.
The ambition is to give JM’s shareholders higher total return over time than other companies with a similar risk profile and
business activities. The return is driven by risk-balanced growth with optimized utilization of capital over the business cycle and increasing value transfers to shareholders.
Focus is on earnings per share and dividend per share. This is achieved through high operational capacity, good risk control, financial strength and a building rights portfolio that has great value potential and is continuously refined and updated.
Benchmark for capital structure and dividend policy
The benchmark for the capital structure is that the debt‑equity ratio should not exceed 0.5. The dividend policy states that, over a business cycle, dividends should on average correspond to 50 percent of the Group’s profit after tax. JM’s benchmark for capital structure and dividend policy is defined using segment reporting.