Neste's dividend policy is to distribute at least 50% of its comparable net profit as dividend.
The AGM has approved the Board of Directors' proposal regarding the distribution of the company's profit for 2019 to the effect that the first dividend installment, EUR 0.46 per share, has been paid on 28 May 2020.
In addition, in accordance with the proposal by the Board of Directors, the AGM authorized the Board to decide, in its discretion, on the payment of a second dividend installment in a maximum amount of EUR 0.56 per share (consisting of an ordinary dividend of EUR 0.46 and an extraordinary dividend of EUR 0.10).
After having considered the impact of the COVID-19 pandemic on the markets and Neste’s financials, the Board of Directors decided on 22 October 2020 upon the payment of a second installment of the dividend, EUR 0.56 per share. The second installment of the dividend will be paid on 2 November 2020.
Dividend information from 2010-2019
|Dividend per share*, €||1.02||0.76||0.57||0.43||0.33||0.22||0.22||0.13||0.12||0.12|
|Dividend yield, %**||3.3||3.4||3.2||3.6||3.6||3.2||4.5||3.9||4.5||2.9|
|Payout ratio % of comparable EPS||50||51||51||42||35||41||34||54||106||54|
* Dividend per share information split corrected
** Dividend yield calculated by using closing share price of the last trading day of the year