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eQ Plc Announces Dividend Schedule and Details for 2023

eQ Plc Announces Dividend Schedule and Details for 2023

Dividend Announcement from eQ Plc

eQ Plc has made an official announcement regarding the schedule for the second instalment of its 2023 dividend, following decisions made by the Board of Directors. This announcement reflects the authorization received during the Annual General Meeting, demonstrating the company's dedication to delivering value to its shareholders.

Details of the Dividend Payments

The second instalment of the dividend is set at EUR 0.40 per share. Shareholders listed in the company's shareholder register, which is managed by Euroclear Finland Ltd, will qualify for the dividend as long as they are on the register by the record date of 25 September 2024. The expected payment date for this second instalment is scheduled for 2 October 2024.

Background on the Dividend Policy

At the Annual General Meeting held earlier this year, eQ Plc decided that the total dividend for the fiscal year 2023 would amount to EUR 0.80, which will be distributed in two instalments. The first instalment, also EUR 0.40 per share, was paid out on 3 April 2024. This structured payment strategy highlights eQ Plc's careful planning in managing its financial obligations and returning value to its shareholders.

About eQ Group

eQ Group operates within the Finnish market, focusing on investment management and corporate finance. eQ Asset Management offers a wide range of asset management services, including private equity funds and real estate management, catering to both institutional and individual clients. Currently, the total assets under management stand at approximately EUR 13.2 billion. Additionally, the Group includes Advium Corporate Finance, which specializes in mergers and acquisitions, real estate transactions, and equity capital markets.

Contact Information

For any inquiries, interested individuals can contact Antti Lyytikäinen, CFO, at +358 9 6817 8741.

Frequently Asked Questions

What is the dividend amount for eQ Plc in 2023?

The total dividend amount for 2023 is EUR 0.80, which will be paid in two instalments of EUR 0.40 each.

When will the second instalment of the dividend be paid?

The second instalment is scheduled to be paid on 2 October 2024, provided you are registered by the record date of 25 September 2024.

Who is eligible to receive the dividend?

Shareholders who are registered in eQ Plc's shareholder register on the record date for the dividend are eligible to receive the payment.

What does eQ Group specialize in?

eQ Group specializes in asset management and corporate finance, offering a variety of services to both institutional and individual clients.

How much does eQ Group manage in assets?

Currently, eQ Group manages approximately EUR 13.2 billion in assets across different funds and investment strategies.

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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