Sanoma Sets Dates for 2024 Dividend Installment Payment
Sanoma Announces Key Dividend Dates for 2024
Sanoma Corporation has confirmed the record and payment dates for the second installment of its dividend for 2024, beneficial to shareholders. This decision, reached by the Board of Directors, highlights their commitment to returning value to investors.
Details of the Dividend Payment
The upcoming dividend installment is set at EUR 0.13 per share. To receive this dividend, shareholders must be listed in Sanoma's shareholder register maintained by Euroclear Finland Ltd on the record date, which is 16 September 2025. The actual payment date is scheduled for 23 September 2025, marking another step in Sanoma's commitment to its shareholders.
Three-Part Dividend Structure
Earlier in 2025, during the Annual General Meeting, Sanoma’s shareholders voted to pay a total dividend of EUR 0.39 per share for the fiscal year 2024, distributing it across three installments. The first installment was paid in May 2025, also amounting to EUR 0.13 per share. The agreement to pay the second installment this September emphasizes Sanoma's strategic approach to delivering consistent shareholder returns.
Future Dividend Considerations
The Board plans to establish the record date for the third installment of EUR 0.13 in October, with the payment anticipated in November 2025. This systematic approach not only aids in financial planning for shareholders but also enhances the company's reputation for reliability and foresight.
Corporate Information and Commitment
Sanoma is more than just a media and learning company; it's a key player in shaping educational opportunities through innovative solutions. The company places a strong emphasis on sustainability and social responsibility and aims to align its business operations with the UN Sustainable Development Goals.
Innovative Learning and Media Solutions
Through its diverse offerings, Sanoma facilitates the growth of children's talents across Europe by providing both digital and print learning content. Their extensive portfolio ranges from primary education tools to vocational training resources, demonstrating their commitment to nurturing educational outcomes.
Impact and Growth in Europe
With a workforce of approximately 5,000 professionals, Sanoma operates dynamically across Europe. Their efforts in cultivating engaging media ensure that quality journalism and entertainment remain accessible for generations to come. Their strategic cross-media positions enable them to deliver extensive reach and tailored marketing solutions for their partners.
Financial Performance Overview
For 2024, Sanoma reported net sales of around 1.3 billion euros, showcasing a solid operational EBIT margin of 13.4%. This performance reflects their ongoing commitment to innovation and market relevance. Overall, Sanoma Corporation (Helsinki: SAA1V) continues to focus on growth while serving the diverse needs of its stakeholders.
Frequently Asked Questions
What is the dividend amount for Sanoma in 2024?
For 2024, Sanoma has announced a total dividend of EUR 0.39 per share, payable in three installments.
When is the record date for the second dividend installment?
The record date for the second installment of the dividend is set for 16 September 2025.
What is the payment date for the second installment?
The payment date for the second dividend installment is 23 September 2025.
How many installments will Sanoma’s dividend have?
The dividend for 2024 will be split into three installments of EUR 0.13 each.
Where can I find more information about Sanoma?
More information about Sanoma Corporation can be found on their official website, sanoma.com.
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