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Question about the upcoming dividend payment from Höegh Autoliners


Hello everyone,

I have a question about the dividend payment on the Norwegian share Höegh Autoliners. I am interested in how much of it will actually be left after taxes.


A payment of €1.217 per share is to be made on 09.12., which will then be credited on 18.12.. With the last dividend payment from Höegh, however, the amount paid out was unclear, as apparently a whole lot of national taxes unknown to me were deducted.


Can you perhaps explain this to me?

Exactly what taxes are deducted and in what amount?

How high will the net amount be that is actually paid out in the end?

Whether the announced price devaluation to NOK 1 will have a positive effect on the dividend and the further share price development in the future and what tax consequences this could have?

What effect will the current entry of the Italian shipowner Grimaldi (see how cunning the rascal looks :-), who already holds a large stake, have here? He receives a decent dividend position and reinvests in further Höegh shares a few days later when the share price is low. How do you see this? https://splash247.com/emanuele-grimaldi-strengthens-foothold-in-hoegh-autoliners/


Many thanks in advance for your help - I hope you can provide some clarity!

Best regards Sven

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First, the withholding tax of 25% is deducted, and then another KAP tax, plus solidarity surcharge and, if applicable, church tax. The bottom line is that less than half remains. With regard to the capital reduction, I do not yet have any reliable information on how the money is booked separately and whether dividends will then be paid from this substance in the future. These could then even be free of withholding tax. I am waiting for the ex-date and will then buy at a corresponding discount and fill my position; the prospects for the next 3 years are good thanks to the corresponding contracts and the new ships.
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