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Dividend policy

Neste's dividend policy is to distribute at least 50% of its comparable net profit as dividend.

The AGM has approved the Board of Directors' proposal regarding the distribution of the company's profit for 2019 to the effect that the first dividend installment, EUR 0.46 per share, has been paid on 28 May 2020.

In addition, in accordance with the proposal by the Board of Directors, the AGM authorized the Board to decide, in its discretion, on the payment of a second dividend installment in a maximum amount of EUR 0.56 per share (consisting of an ordinary dividend of EUR 0.46 and an extraordinary dividend of EUR 0.10). The authorization is valid until 30 October 2020.

The Board expects to decide upon the possible payment of a second installment of the dividend, EUR 0.56 per share at the maximum, on 22 October 2020 to the effect that the second installment would be paid to a shareholder who is registered in the Company’s shareholder register maintained by Euroclear Finland Oy on the record date for the payment of second dividend installment, i.e. on 26 October 2020. The payment date of the second installment of the dividend would then be 2 November 2020.

 

Dividend information from 2010-2019

  2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Dividend per share*, € 1.02 0.76 0.57 0.43 0.33 0.22 0.22 0.13 0.12 0.12
Dividend yield, %** 3.3 3.4 3.2 3.6 3.6 3.2 4.5 3.9 4.5 2.9
Payout ratio % of comparable EPS 50 51 51 42 35 41 34 54 106 54

 

* Dividend per share information split corrected 

** Dividend yield calculated by using closing share price of the last trading day of the year