The Helsinki Stock Exchange is now shared with plump dividends

Although The economic uncertainty has been great, and Finnish companies have been digging up plush dividends this spring.

Last week, several companies listed on the Helsinki Stock Exchange reported a larger dividend than expected. Many companies also told about separate add -ons over the basic win.

The dividend pot, which will be distributed this spring, may be even a little bigger than last year or at least as big, although on the contrary was originally expected, OP’s chief analyst estimates Antti Saari.

In total, companies are estimated to distribute a total of over EUR 12 billion dividends.

According to Saari, the dividend pot is increased by the fact that a few large companies have reported big additional mergers.

“There have been about as many positive and negative surprises now, as in previous years, surprises are usually focused on the negative side,” Saari says.

According to Saari, the fact that the dividends have been in line with expectations has been a relief.

Better dividends than expected indicate that many companies have increased their profit, that is, there are more profit funds to share.

“It also tells us that companies have faith in the year that has begun,” Saari estimates.

Secondly According to Saari, big dividends can also indicate that companies have no investment needs or opportunities and courage to invest. As a result, they prefer to distribute the profits in the form of dividends.

“Perhaps Finland is paying a little too much dividend in relation to the result compared to other countries,” says Saari.

Of course, some companies, according to him, may be quite justified to divide the profits. For example, in the financial sector, companies’ investment needs are often low.

“However, companies could also have the opportunity to make investments or acquisitions more boldly to create value within the company,” he points out.

Exceptionally Big dividends and the best dividend yield on the stock market this spring will be on the finance company Mandatum, which is now twice sharing what a year ago.

“Dividends,” this is the name of the company’s profit distribution by the analytics of the analysis company Inderes.

The dividend is expanded by the additional dividend, which means that the investor is not advisable to count on the island that Mandatum’s dividends will continue to be equally large.

Now, as many as 12 % dividend yields are coming from Mandatum.

This is a tough figure when the average dividend yield from the Helsinki Stock Exchange would move this spring with a 5 % sting.

Giant The dividend is also coming from Fortum, which is traditionally known as a good dividend payer, as its largest shareholder, the state, has needed dividends to be a budget.

However, Fortum’s dividend this spring is clearly covered by the previous one, as the company also distributes the supplement. Fortum’s share dividend is higher than its part -specific result last year. There will be a dividend yield of as much as 9.8 %.

Can Fortum afford this?

According to the island, Fortum can afford a big dividend distribution, as its investment needs in the next few years have little and its balance sheet is in good condition.

Positive Among the surprises, Saari raises Finnair, who, after many years, returned to being a dividend payer. The dividend proved to be much larger than expected.

“Perhaps the price competition for the flight industry is not as bloody as thought,” Saari estimates.

Cargotec is also one of the positive surprises by distributing a larger addition than expected. The company will distribute an additional $ 1.57 additional dividend over the basic dividend of EUR 1.20. The additional dividend is related to the acquisition where it sells its MacGregor business.

Traditionally, good dividend yields have been offered by financial companies and will be wedged to the point of return this time. Both Aktia and Nordea’s dividend yield moves eight percent. The dividend yield of about 6-7 % of Ålandsbanken, Taaler, United Bankers and Evl is coming.

For Ålandsbanken, who had shared the addo, the last year was the best in the history of income.

The dividend yield of Sampo, previously known as a dividend machine, remains only 4 %. What will happen in the future when Sampo has communicated that it will emphasize the purchase of its own shares instead of extra dividends?

Terveystalo, who benefited from the exceptional disease of the Finns last fall, also made a big increase in the dividend.

This spring, new “dividend aristocrats”, that is, companies that have raised their dividends for at least ten consecutive years, will also be available on the Helsinki Stock Exchange. Now the Investors House came out and Valmet dropped.

Negative Dividend surprises have been obtained from Neste, Nokia Tires and Metsä Board.

According to Saari, however, they are understandable to be less than expected, as their results have clearly been much lower than expected.

The liquid dividend was expected to shrink, but the amount of the drop surprised everyone. The dividend shrunk to only EUR 0.20, while a year ago, investors were distributed to a dividend of EUR 1.20. In advance, analysts had been waiting for the dividend to shrink to EUR 0.50.

The dividend of Nokian Tires, in turn, decreased to less than half, from a year ago to EUR 0.55 to EUR 0.25.