Tallink Grupp will pay a dividend of six cents per share this year, but in two installments.The company is aligning its dividend policy with that of its parent company, Infortar, while the practice also helps manage cash flow in a sector that is highly seasonal.
Tallink Grupp’s supervisory board has proposed paying a dividend of six cents per share this year, split into two installments.The first payment of three cents per share will be made on July 2, and the second, also three cents per share, on November 25.
In total, Tallink will pay out €44.6 million in dividends.
Read more: ERR.EE
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