Norsk Hydro Board Proposes NOK 2.25 Dividend for Shareholders
Norsk Hydro's Proposal for a Cash Dividend
Norsk Hydro ASA is making an exciting move for its shareholders by proposing a dividend of NOK 2.25 per share. This decision comes as a result of the company's financial outcomes for the year 2024, signaling its commitment to rewarding investors.
Details of the Proposed Dividend
The proposed dividend is structured as follows:
• Dividend Amount: NOK 2.25 per share
• Declared Currency: NOK
• Last Day to Include Right: May 9, 2025
• Ex-Date: May 12, 2025
• Record Date: May 13, 2025
• Payment Date: May 20, 2025
• Date of Approval: May 9, 2025
Communication with Investors
Norsk Hydro places a strong emphasis on transparency and open communication with its investors. For any inquiries regarding the dividend or related matters, shareholders can reach out to the investor relations contact:
Martine Rambøl Hagen
Tel: +47 91708918
Email: martine.rambol.hagen@hydro.com
Regulatory Compliance
This information adheres to the disclosure requirements under Section 5-12 of the Norwegian Securities Trading Act. Norsk Hydro is committed to maintaining ethical standards and ensuring proper communication with its stakeholders.
Understanding Norsk Hydro's Financial Landscape
As a prominent player in the global aluminum industry, Norsk Hydro's decisions regarding dividends reflect its robust financial health and profitability. The proposed dividend is not just a token of appreciation for shareholders; it's also a testament to the company's ongoing initiatives aimed at sustainable growth.
With its operations expanding across various regions, Norsk Hydro continually adapts to market dynamics, thus enhancing shareholder value. Notably, the company engages in innovative practices and explores new opportunities, ensuring its market position remains competitive.
Frequently Asked Questions
What is the proposed dividend amount by Norsk Hydro?
The board has proposed a dividend of NOK 2.25 per share.
When will the dividend be paid out?
The payment date for the proposed dividend is May 20, 2025.
Who can be contacted for investor inquiries?
Investors can contact Martine Rambøl Hagen at +47 91708918 or via email at martine.rambol.hagen@hydro.com.
What are the key dates related to the proposed dividend?
The key dates include the last day including the right (May 9, 2025), ex-date (May 12, 2025), record date (May 13, 2025), and payment date (May 20, 2025).
How does the dividend proposal reflect on Norsk Hydro's performance?
The proposed dividend indicates Norsk Hydro's strong financial performance for the year 2024 and its commitment to shareholder value.
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