Neste’s target is to pay a competitive and over time growing dividend.
28 March 2023, the AGM approved the Board of Directors' proposal that an ordinary dividend of EUR 1.02 per share will be paid on the basis of the approved balance sheet for 2022 plus an extraordinary dividend of EUR 0.25 per share, i.e., EUR 1.27 per share in total. The ordinary dividend shall be paid in two installments. 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 extraordinary dividend of EUR 0.25 per share, by 31 October 2023. The Board expects that this discretionary second extraordinary dividend will be paid, unless there is a significant deterioration in the business environment during 2023.
Dividend information from 2010-2021
|Dividend per share*, €||0.82||0.80||1.02||0.76||0.57||0.43||0.33||0.22||0.22||0.13||0.12||0.12|
|Dividend yield, %**||1.9||1.4||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||53||50||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