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Understanding Dividend Payments and Ex-Dates for Investors

Understanding Dividend Payments and Ex-Dates for Investors

Insights on AS Tallink Grupp's Upcoming Dividend Payments

Investors in AS Tallink Grupp are gearing up for an upcoming dividend payout, which reflects the company's commitment to rewarding its shareholders. Recently, the General Meeting of Shareholders made an important decision concerning dividends, marking a positive step for those holding shares in this company.

Details of the Dividend Payment Structure

The shareholders will receive a total dividend of EUR 0.06 per share, showcasing the company's robust financial performance. This payment will be made in two instalments – the first instalment of EUR 0.03 per share has already been distributed, indicating the company's ongoing dedication to its investors.

First Instalment of Dividend

The initial dividend payment occurred on a designated date, demonstrating AS Tallink Grupp's financial health and stability. Shareholders received this payment on 2 July, reinforcing a sense of trust among investors eager to see returns from their investments.

Second Instalment Expected Soon

Looking forward, the second instalment of EUR 0.03 per share is anticipated on 25 November. This structured approach to dividend payouts signifies the company's planning and overall strategy aimed at maximizing shareholder satisfaction.

Key Dates for Shareholders

For those invested in AS Tallink Grupp, it's crucial to note specific dates related to dividend eligibility. One significant date is 14 November, which serves as the record date for determining which shareholders are entitled to the dividend payment.

Understanding the Ex-Date

The ex-date, a vital date in the dividend process, will fall on 13 November. After this date, anyone purchasing shares of AS Tallink Grupp (TAL1T, ISIN: EE3100004466) or Finnish Depository Receipts (FDRs; ISIN FI4000349378) will not be eligible for the forthcoming dividend payments. This information is crucial for investors to make informed decisions regarding their shareholdings.

Distributing the Dividends

Once the record date and ex-date have passed, the next step is the distribution of dividends to eligible shareholders. On 25 November, AS Tallink Grupp plans to execute the transfer of dividends directly to the bank accounts of shareholders. This seamless payment process ensures that investors receive their returns efficiently.

Contact Information for Inquiries

For any questions or further inquiries regarding dividend payments, investors can reach out to Anneli Simm, the Investor Relations Manager at AS Tallink Grupp. She can be contacted via email or by phone, ensuring that shareholders have direct access to support and information relating to their investments.

Anneli Simm
Investor Relations Manager
AS Tallink Grupp
Sadama 5
10111 Tallinn
E-mail Anneli.simm@tallink.ee
Phone: +372 56157170

Frequently Asked Questions

What is the total dividend amount for AS Tallink Grupp?

The total dividend amount is EUR 0.06 per share, paid in two instalments.

When is the first instalment of the dividend paid?

The first instalment of EUR 0.03 per share was paid on 2 July.

What is the ex-date for the dividend payment?

The ex-date is set for 13 November, after which new shareholders will not be entitled to the dividend.

When will the second instalment of the dividend be paid?

The second instalment will be paid out on 25 November.

Who can I contact for more information about the dividends?

Shareholders can contact Anneli Simm, the Investor Relations Manager at AS Tallink Grupp, for detailed information.

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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