2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Earnings per share basic, EUR 1.77 1.86 1.54 1.03 1.29 2.89 0.64 0.53 1.28 0.85
Earnings per share diluted, EUR 1.77 1.85 1.54 1.03 1.29 2.89 0.64 0.53 1.28 0.85
Dividend per share, EUR 1.25 1.25 0.88* 1.20 1.20 1.20 1.05 1.05 1.05 1.05
Dividend / earnings, % 70.6 67.2 57.1 116.5 93.0 41.5 164.1 199.8 81.7 123.4
Effective dividend yield, % 4.3 3.6 3.1 4.4 4.5 3.1 3.1 4.6 4.4 4.1

* The dividend of EUR 0.88 per share for 2020 was in accordance with the Combination Agreement, the planned merger with Cargotec was cancelled in March 2022

Withholding tax of dividend paid on nominee registered shareholders

Finland adopted the so-called OECD TRACE -model (Treaty Relief and Compliance Enhancement model) concerning the withholding taxation of dividends paid to nominee registered shares from the beginning of 2021. The Treaty benefit can be granted at the time of payment of the dividends, but under much stricter conditions. In general withholding tax of 35 % will be withheld from dividend payment made on foreign nominee registered shares. If the custodians are registered as so-called Authorized Intermediaries in Finland and they are able to provide sufficient information as specified by the Finnish Tax Administration, lower withholding tax can be applied for the dividend. If the nominee registered non-resident shareholder is eligible for a lower withholding tax rate based on a double taxation treaty, but a higher withholding tax is levied on the dividend, the excess can be reclaimed by submitting a refund application to the Finnish Tax Administration. Additional information can be found from Finnish Tax Administration www-page.

Last modified: Jan 15, 2024