Neste's dividend policy

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

  2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
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