Feb 26 • 14:53 UTC 🇪🇪 Estonia Postimees

Harju Elekter is the most stable dividend payer

Harju Elekter proposes a dividend of 25 cents per share, showcasing its consistent commitment to returning profits to shareholders despite a modest yield.

Last Thursday, Harju Elekter published its financial results for the previous year and announced a proposal to pay shareholders a dividend of 25 cents per share. Although the yield of just under five percent may not seem particularly attractive to investors currently focused on dividend returns, the company stands out for its unwavering consistency in distributing shareholder profits.

Harju Elekter's shares have been listed on the Tallinn Stock Exchange since 1997, and it has consistently paid dividends without any interruptions throughout its history. This reliability in returning profits distinguishes Harju Elekter from other long-established companies in the market, such as TKM Grupp and Merko Ehitus, which have occasionally skipped dividends in certain years.

The announcement of dividends is significant for investors, especially those who prioritize income generation from their investments. Harju Elekter's record strengthens its reputation as a stable investment option in the Estonian market, even as other companies may struggle to maintain similar levels of shareholder rewards.

📡 Similar Coverage