Dividend

Citycon´s  dividend policy

Citycon's objective is to maintain a strong and competitive dividend payment capability. Citycon's current dividend distribution policy is to pay out more than 50% of the result for the period excluding fair value changes on property.
 

Citycon´s dividend  by glance
0.50€

total asset distribution authorization
per share from the AGM 2022

 

~7 %

dividend
return

4

asset distributions
per year

 

0.125€

preliminary quarterly payment per share

30.9.

next payment date

Dividend calendar for 2022
DividENDS AND EQUITY REPAYMENTS PAID ON 31 March 2022

 

Record date

Payment date

EUR/share

Equity repayment Q1

24 March 2022

31 March 2022

0.125

Equity repayment Q1 23 June 2022 30 June 2022 0.125

Total

 

 

0.250


REMAINING BOARD AUTHORISATION FOR EQUITY REPAYMENT

 

Last trading day with dividend

Trading day without dividend (ex-date)

Preliminary
record date

Preliminary
payment date

Preliminary amount
EUR/share

Equity repayment Q3 21 September
2022
22 September 2022 23 September 2022 30 September 2022 0.125

Equity repayment Q4

13 December
2022

14 December 2022

15 December 2022

30 December 2022

0.125

Total

 

 

 

 

0.250

Dividend authorisation from the Annual General Meeting 2022

The General Meeting decided that no dividend is distributed by a resolution of the Annual General Meeting and authorized the Board of Directors to decide in its discretion on the distribution of assets from the invested unrestricted equity fund as follows:

Based on the authorization, the maximum total amount of equity repayment distributed from the invested unrestricted equity fund shall not exceed EUR 0.50 per share. Based on the current total number of issued shares in the company, the authorization would equal to a maximum of EUR 84,004,470 in equity repayment.

The authorization is valid until the opening of the next Annual General Meeting.

Unless the Board of Directors decides otherwise for a justified reason, the authorization will be used to distribute equity repayment four times during the period of validity of the authorization. The Board of Directors will make separate resolutions on each distribution of the equity repayment so that the preliminary record and payment dates for the equity repayment will be as set out below. The company shall make separate announcements of each such Board resolution.

Preliminary payment date           Preliminary record date

31 March 2022                                        24 March 2022

30 June 2022                                           23 June 2022

30 September 2022                          23 September 2022

30 December 2022                            15 December 2022

The equity repayment based on the resolution of the Board of Directors will be paid to a shareholder registered in the company’s shareholders’ register maintained by Euroclear Finland Ltd on the record date of the equity repayment.

 

Dividend history

Payment year Dividend per share, EUR Payment date
2021 0.05 + 0.45

31 March 2021  (EUR 0.1250)
30 June 2021 (EUR 0.1250)
30 September 2021 (EUR 0.1250)
30 December 2021 (EUR 0.1250)

2020 0.05 + 0.4875 31 March 2020  (EUR 0.1625)
30 June 2020 (EUR 0.1250)
30 September 2020 (EUR 0.1250)
30 December 2020 (EUR 0.1250)
2019 0.05 + 0.60 equity repayment 29 March 2019 (EUR 0.1625)
28 June 2019 (EUR 0.1625)
30 September 2019 (EUR 0.1625)
30 December 2019 (EUR 0.1625)
  Reverse share split (5:1)  
2018 0.01 + 0.12 equity repayment 29 March 2018 (EUR 0.0325)
29 June 2018 (EUR 0.0325)
28 September 2018 (EUR 0.0325)
28 December 2018 (EUR 0.0325)
2017 0.01 + 0.12 equity repayment 31 March 2017 (EUR 0.0325)
30 June 2017 (EUR 0.0325)
29 September 2017 (EUR 0.0325)
29 December 2017 (EUR 0.0325)
2016 0.01 + 0.14 equity repayment 29 March 2016 (EUR 0.0375)
30 June 2016 (EUR 0.0375)
30 September 2016 (EUR 0.0375)
30 December 2016 (EUR 0.0375)
2015 0.15 equity repayment 30 March 2015
2014 0.03 + 0.12 equity repayment 31 March 2014
2013 0.04 + 0.11 equity repayment 4 April 2013
2012 0.04 + 0.11 equity repayment 4 April 2012
2011 0.04 + 0.10 equity repayment 8 April 2011
2010 0.04 + 0.10 equity repayment 7 April 2010
2009 0.04 + 0.10 equity repayment 3 April 2009
2008 0.04 + 0.10 equity repayment 2 April 2008
2007 0.14 23 March 2007
2006 0.14 24 March 2006
2005 0.14 15 April 2005
2004 0.14 25 March 2004
2003 0.09 1 April 2003
2002 0.08 10 April 2002
2001 0.08 10 April 2001
2000 0.07 11 April 2000
1999 0.06 9 April 1999
1998 0.00 -
1997 0.00 -
1996 0.00 -