Dividend policy

Bittium Corporation follows a dividend policy that takes into account the Corporation's net income, financial situation, need for capital and financing of growth. 

Dividends and capital repayments

April 12, 2017

The Annual General Meeting held on April 12, 2017 decided in accordance with the proposal of the Board of Directors to pay EUR 0.05 per share as dividend and EUR 0.25 per share as additional dividend based on the adopted balance sheet for the financial period January 1, 2016 - December 31, 2016. The dividend will be paid to the shareholders registered in the company's register of shareholders maintained by Euroclear Finland Ltd on the dividend record date Tuesday, April 18, 2017. The dividend will be paid on Tuesday, April 25, 2017.

April 19, 2016

The Annual General Meeting held on April 19, 2016 decided in accordance with the proposal of the Board of Directors to pay EUR 0.05 per share as dividend based on the adopted balance sheet for the financial period January 1, 2015 - December 31, 2015 and EUR 0.25 per share as additional dividend. The dividend will be paid to the shareholders registered in the company's register of shareholders maintained by Euroclear Finland Ltd on the dividend record date Thursday, April 21, 2016. The dividend will be paid on Thursday, April 28, 2016.

April 15, 2015

The Annual General Meeting held on April 15, 2015 decided in accordance with the proposal of the Board of Directors to pay EUR 0.04 per share as dividend based on the balance sheet adopted for the financial period January 1, 2014 - December 31, 2014. The dividend will be paid to the shareholders who are registered in the shareholders' register maintained by Euroclear Finland Ltd on the dividend record date Friday, April 17, 2015. The dividend will be paid on Friday, April 24, 2015.

April 10, 2014

The Annual General Meeting held on April 10, 2014 decided in accordance with the proposal of the Board of Directors to pay EUR 0.02 per share as dividend based on the balance sheet adopted for the financial period January 1, 2013 - December 31, 2013. The dividend will be paid to the shareholders who are registered in the shareholders' register maintained by Euroclear Finland Ltd on the dividend record date, Tuesday, April 15, 2014. The dividend will be paid on Thursday, April 24, 2014.

December 4, 2013

The Extraordinary General Meeting of Elektrobit Corporation held on Wednesday December 4, 2013 resolved in accordance with the proposal of the Board of Directors that on the basis of the financial statements adopted for the financial period ended on December 31, 2012, funds from the invested non-restricted equity fund be distributed to shareholders as a repayment of capital, with the capital repayment amounting to EUR 0.11 per share. The aggregate amount of the distribution based on the number of shares as of the date of the General Meeting amounted to EUR 14,311,096.25. The repayment of capital was paid to shareholders recorded in the company's register of shareholders maintained by Euroclear Finland Ltd. on the record date of the capital repayment, December 10, 2013. The repayment of capital was paid on December 17, 2013.

April 11, 2013

The Annual General Meeting decided in accordance with the proposal of the Board of Directors to pay EUR 0.01 per share as dividend based on the balance sheet adopted for the financial period January 1, 2012 - December 31, 2012. The dividend will be paid to the shareholders who are registered in the shareholders' register maintained by Euroclear Finland Ltd on the dividend record date April 16, 2013. The dividend will be paid on April 23, 2013.

March 25, 2010

The Annual General Meeting of Elektrobit Corporation held on March 25, 2010 approved the proposals of the Board of Directors according to which the shareholders are distributed EUR 0.20 per share from the parent company's share premium fund.

On August 12, 2010 the Finnish National Board of Patents and Registration gave its consent for the distribution and decrease of the share premium fund of Elektrobit Corporation in accordance with the decisions made by the Annual General Meeting held on March 25, 2010.

On September 2, 2010 the shareholders were distributed EUR 0.20 per share from the share premium fund, in total EUR 25,882,538.00.

March 14, 2008

The Annual General Meeting approved a proposal by the Board of Directors to pay a dividend of EUR 0.02 per share, i.e. a total of EUR 2,588,253.80. Dividend will be paid to shareholders that have been entered into the shareholders' register maintained by the Finnish Central Securities Depository Ltd on the record date for the payment of dividend, 19 March 2008. The dividend will be paid on 28 March 2008.

March 14, 2007

The Shareholders' Meeting approved the Board of Directors' proposal to pay dividend of EUR 0.11 of the distributable profits of EUR 37,473,785, i.e. a total of EUR 14,235,395.90 and that the rest of the profit shall remain in unrestricted equity. Dividend will be paid to shareholders that have been entered into the shareholders' register maintained by the Finnish Central Securities Depository Ltd on the record date for the payment of dividend, 19 March 2007. The payment date of the dividend is 26 March 2007.

March 15, 2006

The Shareholders' Meeting resolved that in accordance with the Board of Directors' proposal dividend of EUR 0,07 per share, i.e a total of EUR 9,058,888.30 be distributed for the financial period of 2005.

MARCH 17, 2005

The Shareholders' meeting resolved that in accordance with the Board of Directors' proposal dividend of EUR 0.012 per share, i.e a total of EUR7,764,761.40 be distributed for the financial period of 2004.

March 12, 2004

The Shareholders' Meeting resolved that in accordance with the Board of Directors' proposal dividend of EUR 0,01 per share, i.e a total of EUR 6.305.256, be distributed for the financial period of 2003.

April 4, 2001

The Shareholders' Meeting approved the dividend to be 0,01 euro per share in accordance with the Board of Directors' proposal. The dividend was paid to a shareholder who was registered as a shareholder in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd on record date April 9, 2001. The date of payment for the dividend was April 18, 2001.

April 12, 2000

The Shareholders' Meeting approved the dividend to be 0,01 euro per share in accordance with the Board of Directors' proposal. The dividend was paid to a shareholder who was registered as a shareholder in the Company's shareholder register maintained by the Finnish Central Securities Depository Ltd on record date April 9, 2001. The date of payment for the dividend was April 18, 2001.

April 7, 1999

In accordance with the proposal of the Board of Directors, the Annual General Meeting decided to distribute a dividend of FIM 2.00 per share. The dividend was paid to all shareholders registered on April 12, 1999 on JOT Automation Group Plc's register of shareholders, held by the Finnish Central Securities Depositary Ltd. The dividend was paid on April 19, 1999.