Dividend policy and dividends

Kojamo’s objective is to be a stable dividend payer whose annual dividend payment will be at least 60 per cent of FFO, provided that the Group’s equity ratio is 40 per cent or more and taking account of the company’s financial position. There can be no assurances that dividends will be paid in the future, nor are there any assurances as to the amount of dividends to be paid for a particular year.

Dividend for the year 2022

The Annual General Meeting decided that a dividend of EUR 0.39 per share be paid for the financial year 2022 as proposed by the Board of Directors.

The dividend shall be paid to shareholders who on the record date of the dividend payment 20 March 2023 are recorded in the company’s shareholders’ register held by Euroclear Finland Oy. The dividend will be paid on 5 April 2023.

All Kojamo’s shares carry equal rights to dividends.

Dividend history

Dividend per share, EUR* 0.390.380.370.34 0.29 0.22 0.22 0.16
Dividend, EUR million 96.493.991.484.0 71.7 50.3 50.3 37.0
Dividend per earnings, % - 31.2 23.7 50.5 20.5
Effective dividend yield, %
Record date of the dividend payment20 March 202318 March 202219 March 202116 March 202018 March 2019
Payment date of the dividend5 April 20235 April 20228 April 20212 April 20202 April 2019

*Key figures per share have been adjusted to reflect the impact of the decision by the Extraordinary General Meeting of Shareholders on 25 May 2018 regarding the share split. In the share split the shareholders received 30 new shares per each existing share.

Page updated 16 March 2023