Dividend policy

Teleste intends to be an interesting investee corporation in which the investment’s increase in value and the dividend yield form a competitive combination. The annual proposal for the dividend is validated by the Board in consideration of profitability, financial situation and needs for investment necessitated by profitable growth.

The Annual General Meeting held on 7 April 2021, resolved in accordance with the proposal of the Board of Directors that, based on the adopted balance sheet, a dividend of EUR 0.12 per share be paid for the financial period that ended on December 31, 2020 for shares other than those held by the company.

The dividend shall be paid to shareholders registered on the record date April 9, 2021 as a shareholder in the Company’s shareholders’ register maintained by Euroclear Finland Ltd. The dividend will be paid out on April 16, 2021.

 

Dividend history

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
0.08€ 0.12€ 0.14€ 0.17€ 0.19€ 0.20€ 0.23€ 0.25€ 0.10€  0.20€ 0,10€

 

 

 

 

Updated 2021