The company strives to increase the amount of dividend it distributes, and to annually distribute a competitive dividend, with consideration to the company’s financial and financing situation as well as the Group’s capital adequacy requirement.

Decisions of the Annual General Meeting 2020

The General Meeting decided according to the proposal of the Board of Directors that a dividend of EUR 0.16 per share be paid based on the balance sheet adopted for the financial year ended 31 December 2019. The dividend will be paid to shareholders who on the dividend record date of 20 May 2020 are entered as shareholders in the company’s shareholder register held by Euroclear Finland Ltd. The dividend is to be paid on 28 May 2020.

In addition, the General meeting authorised the Board of Directors to at a later date decide on a payment of a maximum dividend of EUR 0.16 per share for the financial year 2019 with a payment at one or more occasions. The authorisation is in force until the Annual General Meeting 2021. The Board was also authorised to decide on the record date and the date of payment of a possible dividend. Taaleri will notify of the decisions separately.

Effective Dividend Yield

2013 2014 2015 2016 2017 2018
1.10% 1.40% 2.40% 2.70% 2.50% 4.20%

Result and Divident / Share, EUR