Metso Corporation Proposes Dividend for the Financial Year January 1, 2023 - December 31, 2023, Payable on May 7, 2024 and November 1, 2024 Respectively
February 16, 2024 at 02:05 am EST
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The Board of Directors of Metso Corporation proposed to the General Meeting that a dividend of EUR 0.36 per share (in the aggregate approximately EUR 297 million based on the total number of outstanding shares of the Company at the time of the proposal) be paid based on the balance sheet to be adopted for the financial year January 1 - December 31, 2023. The first dividend instalment of EUR 0.18 per share shall be paid to the shareholders who are registered as shareholders in the Company's register of shareholders as maintained by Euroclear Finland Oy on the dividend record date, April 29, 2024. The Board of Directors proposes that the first dividend instalment be paid on May 7, 2024.
The second dividend instalment of EUR 0.18 per share shall be paid in November 2024 to the shareholders who are registered as shareholders in the Company's register of shareholders as maintained by Euroclear Finland Oy on the dividend record date. The Board of Directors shall resolve on the dividend record date and the date of payment of the second dividend instalment in its meeting agreed to be held on October 23, 2024. Based on the current rules of the Finnish book-entry system, the dividend record date would be October 25, 2024, and the date of payment November 1, 2024.
Metso Outotec Oyj specializes in the design, development, construction and maintenance of factories and equipment intended for the metallurgy and mining industries. Net sales break down by activity sector as follows:
- mining (63.5%): crushing machines, screening machines, handling equipment, etc. ;
- aggregates industry and quarrying (27.3%): production plants, stations, modules and equipment, crushing and screening equipment, handling equipment, etc.;
- metal refining and processing (9.2%): extraction sites, non-ferrous concentrate baking units, copper, nickel, zinc, lead and precious metals foundries and refineries, grinders, floating machines, control and analysis systems, separators, iron processing into small balls units, etc.
Net sales are distributed geographically as follows: Finland (1.5%), Europe (21%), North and Central America (22.9%), Asia/Pacific (22.4%), South America (17.3%), Africa/Middle East/India (14.9%).
Metso Corporation Proposes Dividend for the Financial Year January 1, 2023 - December 31, 2023, Payable on May 7, 2024 and November 1, 2024 Respectively