​Dividend

 

Dividend policy

UPM aims to pay an attractive dividend, 30-40% of the company’s annual operating cash flow per share.

 

Dividend for the year 2016

 

Dividend per share EUR 0.95

​Dividend ex-date​March 30, 2017
​Dividend record date​March 31, 2017
​Payment date​April 12, 2017
​Annual General MeetingMarch 29, 2017

Dividend history

Dividend for year​Dividend / share, €​Record date​Payment date
​2015​0,75​April 11, 2016​April 21, 2016
​2014​0,70​April 13, 2015​April 23, 2015
​2013​0,60​April 11, 2015​April 24,2015
​2012​0,60​April 9, 2013​April 19, 2015
​2011​0,60​April 4, 2012​April 13, 2012
​2010​0,55​April 12, 2011​April 20, 2011
​2009​0,45​March 25, 2010​April 7, 2010
​2008​0,40​March 30, 2009April 8, 2009
​2007​0,75​March 31, 2008​April 10, 2008
​2006​0,75​March 30, 2007​April 10, 2007
​2005​0,75​March 27, 2006​April 4, 2006
​2004​0,75​April 5, 2005​April 12, 2005
​2003​0,75​March 29, 2004​April 5, 2004
​2002​0,75 [1]​March 24, 2003​April 1, 2003
​2001​0,75 [1]​March 22, 2002​April 3, 2002
​2000​0,75 [1]​March 27, 2001April 3, 2001
1999​0,55 [1],[2]​March 21, 2000​March 31, 2000
​1998​0,55 [1]​March 24, 1999​April 1, 1999
​1997​0,46 [1]​March 30, 1998​April 3, 1998
​1996​0,38 [1]​April 15, 1997​May 6, 1997

 

[1] dividend is adjusted with bonus issue
[2] includes extra dividend of 45 cents (record date June 14, 2000)