Stora Enso Oyj’s board of directors has decided that a second dividend installment of EUR 0.15 per share (approximately Rs 13.37) will be distributed based on the balance sheet adopted for the year 2019. The dividend is based on the authorization given by Stora Enso’s annual general meeting of 4 June 2020. The resolution of the board on the distribution of dividend was made considering the impacts of the Covid-19 pandemic on Stora Enso’s business and liquidity.
The second dividend installment will be paid on or about 17 December 2020 to a shareholder who is recorded in the shareholders’ register maintained by Euroclear Finland Oy or in the separate register of shareholders maintained by Euroclear Sweden AB on the record date of the dividend payment, 10 December 2020. The dividend payable for Euroclear Sweden registered shares will be forwarded by Euroclear Sweden AB and paid in Swedish krona. Dividends payable to ADR holders will be forwarded by Citibank NA and paid in US dollars. The ex-dividend date is 9 December 2020.
Stora Enso’s annual general meeting of 4 June 2020 decided on an immediate dividend payment of EUR 0.15. It also authorized the board of directors to decide at a later date, at its discretion, to distribute a total dividend of up to EUR 0.35 per share in one or more installments. Following the dividend payment on 17 December 2020, the total dividend for the financial year 2019 is EUR 0.30 per share.
The fastest growing democracy in the world could be a market for your products !
If you are confused by slow and poor sales to a seemingly large but immensely noisy and fragmented market, you are not alone! If your product is great, or viable, or appropriate, you can find your sweet spot in this more than US$ 4.3 trillion economy. The trick is to understand your potential and addressable markets, which we can help with in light of your direct competition. We understand marketing, communication, and sales strategies for market entry and growth.
If you are an OEM or a supplier with a strategy and budget, talk to us about using our hybrid print, web, video, and social media channels for locating and dominating your addressable markets in India and South Asia. We may be one of the world’s leading B2B publications in the print industry with hands-on practitioner and consulting experience. Our 50 years of domain knowledge observing technological change and understanding of business and financials, includes the best globally recognized technical writers. Apart from our industry award winners, an experienced team is ready to meet you and your customers for content.
India’s fast-growing economy and evolving democracy has considerable headroom for print. Get our 2026 media kit and recalibrate your role in this dynamic market.
Founded in 1979 as a technical newsletter, Indian Printer and Publisher is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. IppStar [www.ippstar.org] is our Services, Training and Research organization.
