Valmet Announces Second Dividend Payment for 2023 Success
Valmet's Dividend Announcement
In an important stock exchange release, Valmet Oyj disclosed the specifics regarding the second dividend instalment for the financial year 2023. This announcement emphasizes the company's ongoing commitment to delivering value to its shareholders.
Record and Payment Dates
Valmet's Board of Directors recently convened to discuss the dividend payments. The second instalment is set at EUR 0.67 per share, which will be allocated to shareholders registered in the Company's shareholders' register maintained by Euroclear Finland Ltd.
Key Dates to Remember
The record date for this dividend is October 1, 2024, and the payment will follow on October 10, 2024. This timeline is vital for shareholders who wish to take advantage of this dividend payment, reflecting Valmet's strong financial position.
Overall Dividend Strategy
Earlier this year, during the Annual General Meeting, the decision was made to distribute a total dividend of EUR 1.35 per share for the financial year 2023. This total is to be distributed in two instalments, with the first instalment already paid out. It speaks volumes about Valmet's commitment to its shareholders amidst the evolving economic landscape.
First Instalment Details
The company's first dividend instalment of EUR 0.68 per share was successfully paid on April 11, 2024. This strategy of progressive dividend payments highlights Valmet’s strong foundation in solid financial performance, making it a reliable choice for investors.
Contact Information
For further inquiries or more information, interested parties are encouraged to reach out to Valmet's Investor Relations. Pekka Rouhiainen serves as the VP of Investor Relations and can be contacted directly at tel. +358 10 672 0020.
About Valmet
Valmet is an industry leader with a rich history spanning over 220 years. With a global presence and a committed workforce of over 19,000 professionals, Valmet develops and supplies innovative process technologies, automation, and services, particularly within the pulp, paper, and energy sectors. In the latest financial report, Valmet recorded net sales approximating EUR 5.5 billion, signaling robust health and direction in its operations.
Company Vision and Mission
In its mission to promote sustainable development, Valmet works closely with clients, enhancing their performance every day. With a wide-ranging customer base, Valmet embraces a future-focused outlook while driving industry transformations across various sectors.
Frequently Asked Questions
What is the amount for Valmet's second dividend instalment?
Valmet's second dividend instalment is EUR 0.67 per share, payable to registered shareholders.
When is the record date for the dividend?
The record date for the second dividend instalment is October 1, 2024.
What total dividend does Valmet plan to distribute for 2023?
The total dividend proposed for the financial year 2023 is EUR 1.35 per share, to be paid in two parts.
When was the first dividend instalment paid?
The first dividend instalment of EUR 0.68 was paid on April 11, 2024.
How can I contact Valmet for more information?
For further details, reach out to Pekka Rouhiainen at Valmet, who is the VP of Investor Relations, through tel. +358 10 672 0020.
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