Why have I not received Elisa's dividend? Dividends are paid automatically in the book-entry system. If you have not received dividend, you may ask your book-entry account registrar (usually the account is in a bank), if you have sold the shares.
When will dividends be paid for shares exchanged after a merger (for instance, Telekarelia or Kymen Puhelin shares, which were only recently exchanged for Elisa shares)? Shares exchanged afterwards and dividends to be paid for them for past financial periods will be handled through the custodian, i.e. the account operator, for each shareholder.
The account operator will seek the payment of dividends for past financial periods that are valid for paying dividends by making a balance request. According to the schedule of Euroclear Finland, this can be done during the month following the share exchange registered afterwards.
The issuer’s payment forwarding bank will deliver the balances to account operators to be further paid to custody clients once a month, during the first month after the share exchange at the earliest.
Due to the schedules of the different account operators, the entire process may take several weeks.
Dividends will expire three years after the due date, i.e. the first day on which the dividend can be withdrawn. Unpaid dividends older than this cannot be obtained any more.