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AS Tallinna Sadam Announces Dividend Payment Details for 2024

AS Tallinna Sadam Announces Dividend Payment Details for 2024

Dividend Payments for AS Tallinna Sadam in 2024

In 2024, AS Tallinna Sadam will distribute dividends amounting to 0.073 euros per share. This totals an impressive 19,199,000 euros aimed at enriching shareholder value. The determination of shareholders entitled to this payment will occur on 9 May 2025, which is marked at the end of the settlement system's business day. As a result, the ex-dividend date is set for 8 May 2025, meaning any shares purchased on or after this date will not qualify for the dividend related to the financial year ending in 2024. The actual disbursement of these dividends is scheduled for 16 May 2025.

Understanding AS Tallinna Sadam's Operations

Tallinna Sadam stands as a leader among the largest cargo and passenger port complexes within the Baltic Sea region. Beyond the essential services of passenger and freight transport, the Tallinna Sadam group demonstrates its versatility through its operational subsidiaries. OÜ TS Laevad offers vital ferry services connecting the Estonian mainland with its most significant islands. Additionally, OÜ TS Shipping charters out its multifunctional vessel Botnica, which is engaged in icebreaking and offshore services both within Estonia and for international projects.

Engagement in Sustainability Efforts

Beyond its operational role in transportation, Tallinna Sadam remains committed to environmental sustainability. A significant aspect of this is its shareholding in AS Green Marine, an associate dedicated to waste management services. This initiative reflects the group's dedication to responsible operations that favor environmental care and sustainable growth.

Contact Information for Shareholders

Shareholders or interested parties seeking additional information are encouraged to reach out for inquiries. Angelika Annus serves as the Head of Investor Relations and can be contacted at +372 5649 6230 or via email at angelika.annus@ts.ee. She is available to provide insights or support regarding the dividend process and any related questions.

Frequently Asked Questions

What is the dividend amount for AS Tallinna Sadam in 2024?

The dividend amount is 0.073 euros per share for a total of 19,199,000 euros.

When is the ex-dividend date for AS Tallinna Sadam?

The ex-dividend date is set for 8 May 2025.

When will the dividends be paid out?

The dividends will be disbursed on 16 May 2025.

What services does AS Tallinna Sadam provide?

AS Tallinna Sadam offers cargo and passenger transport services and operates ferry services through its subsidiaries.

Who can I contact for more information?

For inquiries, please reach out to Angelika Annus, Head of Investor Relations, at +372 5649 6230 or email angelika.annus@ts.ee.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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