Understanding the 2024 Dividend Payment Process for Amber Grid

Author: Evelyn Baker Updated: 05-09-2025 09:45 AM

Overview of AB Amber Grid's Dividend Payment for 2024

AB Amber Grid, a notable player in the energy sector, has established a clear procedure for distributing dividends to its shareholders. Recently, the company's shareholders engaged in a general meeting to decide on the profit distribution for the year 2024. It was resolved that shareholders would receive a dividend of EUR 0.0599 per share.

Timeline for Dividend Distribution

The planned date to commence these dividend payments is May 26, 2025. Depending on the method of shareholding registration, the dividends will be distributed as follows:

Shareholders Using Financial Brokers

For shareholders whose AB Amber Grid shares are listed through a financial broker or credit institution, the dividend amount will be credited directly to their accounts. This transfer will occur after the necessary withholding taxes are deducted as per Lithuanian law.

Shareholders with Custodial Accounts

Shareholders whose shares are managed by the authorized custodian, AB SEB Bankas, will also receive dividends. The process involves transferring dividends into their SEB Bank accounts or any other bank account specified by the shareholders. Shareholders must submit requests for any changes in their account information to any branch of AB SEB Bankas.

Tax Implications for Dividend Recipients

It's essential for shareholders to understand the taxation associated with dividends:

Natural Persons

Dividends received by natural persons who are residents of Lithuania or foreign countries will face a withholding personal income tax of 15 percent.

Legal Entities

Legal entities, including companies based in Lithuania or foreign jurisdictions, will incur a withholding corporate income tax of 16 percent unless otherwise stipulated by law.

Foreign residents from countries with double taxation avoidance agreements with Lithuania may enjoy reduced tax rates. To take advantage of these provisions, shareholders need to submit the Claim for Reduction or Exemption from the Anticipatory Tax Withheld at Source (form FR0021) to AB Amber Grid alongside a broker’s confirmation by May 19, 2025.

Contact Information for Shareholder Inquiries

For any questions or further clarification regarding the dividend payments, shareholders can reach out to AB SEB Bankas at +370 5 268 28 00. They can also explore their website for more details.

Additional Contact Details

For personal inquiries, Laura Šebekien?, the Head of Communications, is available. She can be contacted at +370 699 61 246 or via email at l.sebekiene@ambergrid.lt.

Frequently Asked Questions

What is the amount of the dividend per share for 2024?

The dividend amount for each share is EUR 0.0599 as decided by the shareholders.

When will the dividends be paid?

The dividends are scheduled to be paid starting May 26, 2025.

How will taxes affect the dividends?

Natural persons will incur a 15% personal income tax, while legal entities will incur a 16% corporate income tax unless stated otherwise.

Who should I contact for more information?

Shareholders can contact AB SEB Bankas at +370 5 268 28 00 for more information regarding dividend distributions.

Can foreign residents receive reduced taxes on dividends?

Yes, foreign residents from countries with double taxation agreements can submit a claim for reduced tax rates by the given deadline.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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