Kesko Corporation Approves Dividend for the Year 2023, Payable on 9 April 2024, 23 July 2024, 22 October 2024 and 21 January 2025 Respectively
March 26, 2024 at 09:30 am EDT
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Kesko Corporation announced that at the Annual General Meeting held on March 26, 2024 resolved to distribute, based on the adopted balance sheet for 2023, a dividend of ?1.02 per share on shares held outside the company at the date of dividend distribution. The remaining distributable assets will remain in equity. The dividend will be paid in four instalments as follows: The first instalment of ?0.26 per share: record date 28 March 2024, pay date 9 April 2024, The second instalment of ?0.25 per share: record date 16 July 2024, pay date 23 July 2024, The third instalment of ?0.26 per share: record date 15 October 2024, pay date 22 October 2024 and The fourth instalment of ?0.25 per share: record date 14 January 2025, pay date 21 January 2025.
Kesko Oyj is the leading wholesaler and retailer in Finland. Net sales break down by family of products as follows:
- grocery and convenience goods (53.8%; K-retailer; No. 2 in Finland): owned 1,208 supermarkets and stores under the names K-citymarket, K-supermarket, K-Market, Neste K., etc.;
- building, home improvement, DIY and gardening products (35.6%): building materials, interior design materials, gardening products, household appliances, furniture, etc. distributed via 483 outlets primarily under the Onninen, K-rauta, K-Bygg, Byggmakker, Byggarnas Partner and Carlsen Fritzøe brands;
- automotive (10.6%; K-Auto): cars (Volkswagen, Audi, Seat, CUPRA, Porsche, Bentley and MAN brands), spare parts and original accessories marketed through 49 outlets in Finland. The group also offers leisure and sports goods (owned 62 stores under the Intersport and Budget Sport names).
Net sales are distributed geographically as follows: Finland (82.4%), Nordic countries (13.7%), Baltic countries (1.1%) and other (2.8%).
KESKO OYJ 
