Norsk Hydro: Key information related to proposed cash dividend

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Norsk Hydro ASA (NHYDY) has announced its Board of Directors' proposal for a cash dividend of NOK 2.25 per share for the financial year 2024. The dividend proposal will be presented for approval at the General Meeting on May 9, 2025. Key dates for shareholders include: last day including dividend rights on May 9, 2025; ex-dividend date on May 12, 2025; record date on May 13, 2025; and payment date on May 20, 2025.

Positive

Proposed dividend of NOK 2.25 per share indicates company's ability to return value to shareholders
Clear commitment to shareholder returns through dividend distribution

Negative

None.

News Market Reaction 1 Alert

-1.73% News Effect

On the day this news was published, NHYDY declined 1.73%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

02/14/2025 - 01:02 AM

The Board of Directors of Norsk Hydro ASA have decided to propose to the General Meeting a dividend of NOK 2.25 per share on the basis of the company’s financial statements for the financial year 2024.

Dividend amount: NOK 2.25 per share
Declared currency: NOK
Last day including right: May 9, 2025
Ex-date: May 12, 2025
Record date: May 13, 2025
Payment date: May 20, 2025
Date of approval: 9 May 2025

Investor contact:
Martine Rambøl Hagen
+47 91708918
martine.rambol.hagen@hydro.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act