Board of Directors’ dividend proposal
The Board of Directors proposes that a dividend of 0.48 per share be paid for the financial year 2019. The parent company’s distributable funds total EUR 993,534,893.15, which includes EUR 239,590,080.77 in net profit for the year. There are 591,723,390 shares with dividend rights. The dividend shall be paid in two instalments.
The first instalment of EUR 0.24 per share shall be paid to the shareholders who are registered in the list of shareholders maintained by Euroclear Finland Ltd on the dividend record date of 9 March 2020. The payment day proposed by the Board for this instalment is 16 March 2020.
The second instalment of EUR 0.24 per share shall be paid in September 2020. The second instalment of the dividend shall be paid to shareholders who are registered in the list of shareholders maintained by Euroclear Finland Ltd on the dividend record day, which, together with the payment day, shall be decided by the Board of Directors in its meeting scheduled for 8 September 2020. The dividend record day for the second instalment as per the current rules of the Finnish book-entry system would be 10 September 2020 and the dividend payment day 17 September 2020.
The Annual Report 2019, including the financial review and the review by the Board of Directors, will be available on the company website www.wartsila.com and at www.wartsilareports.com during week 7.