Neste’s Board of Directors decides on payment of second dividend installment

Neste Corporation, Stock Exchange Release, 22 October 2020 at 8.50 a.m. (EET)

Neste’s Annual General Meeting (AGM), held on 18 May 2020, made decisions on the company’s dividend distribution and authorized the Board of Directors to decide, in its discretion, on the payment of a second dividend installment in a maximum amount of EUR 0.56 per share, consisting of ordinary dividend of EUR 0.46 per share and extraordinary dividend of EUR 0.10 per share.

After having considered the impact of the COVID-19 pandemic on the markets and Neste’s financials, the Board of Directors has today decided upon the payment of a second installment of the dividend, EUR 0.56 per share, consisting of ordinary dividend of EUR 0.46 and extraordinary dividend of EUR 0.10 per share. The second dividend installment will be paid to a shareholder who is registered in the Company’s shareholder register maintained by Euroclear Finland Oy on the record date for the payment of second dividend installment, which shall be Monday, 26 October 2020. The second installment of the dividend will be paid on Monday, 2 November 2020.

Neste Corporation

Susanna Sieppi
Vice President, Communications

For more information, please contact: Neste’s media service, tel. +358 50 458 5076 / media@neste.com (weekdays between 8.30 a.m. and 4.00 p.m. EET).
 

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, we are also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2019, Neste's revenue stood at EUR 15.8 billion, with 82% of the company’s comparable operating profit coming from renewable products. Read more: neste.com