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 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.
Total asset distribution authorization
per share from the AGM 2023 (€)
Dividend return
Asset distributions
per year
Preliminary quarterly payment per share (€)
Next payment date
Last trading day with dividend | Ex-date (trading day without dividend) |
Preliminary record date |
Preliminary payment date |
Amount EUR/share |
|
---|---|---|---|---|---|
Equity repayment Q2 | 21 June 2023 |
22 June 2023 |
23 June 2023 |
30 June 2023 |
0.125 |
Equity repayment Q3 | 20 September 2023 |
21 September 2023 |
22 September 2023 |
29 September 2023 |
0.125 |
Equity repayment Q4 | 18 December 2023 |
19 December 2023 |
20 December 2023 |
29 December 2023 |
0.125 |
Total | 0.375 |
*Dates are preliminary. 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 above. The company will make separate announcements of each such Board resolution.
Paid equity repayments paid in 2023
Record date | Payment date | Amount EUR/share |
|
---|---|---|---|
Equity repayment Q1 | 24 March 2023 |
31 March 2023 |
0.125 |
Total | 0.125 |
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 this 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 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 2023 | 24 March 2023 |
30 June 2023 | 23 June 2023 |
29 September 2023 | 22 September 2023 |
29 December 2023 | 20 December 2023 |
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 Oy on the record date of the equity repayment.
Payment year | Dividend per share, EUR | Payment date |
2022 | 0.50 | 31 March 2022 (EUR 0.1250) 30 June 2022 (EUR 0.1250) 30 September 2022 (EUR 0.1250) 30 December 2022 (EUR 0.1250) |
2021 | 0.05 + 0.45 |
31 March 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 | - |