Fortum & UPM to move to bi-annual dividend payments

Both Fortum Oyj (FORTUM.HE) and UPM Oyj (UPM.HE) are moving to bi-annual dividend payments this year. 

• 
  Fortum will pay dividends in April and October
• UPM will pay dividends in April and November

Good to get more spread into dividend payments. 

Dividend increase #6 of 2023 : UPM Kymmene Oy

The Board of UPM Kymmene Oyj (UPM.HE) proposes dividend of 1.50€ per share from year 2022. This is a nice increase over the previous dividend and the first increase for UPM since I have added it to my portfolio.

New purchase : UPM Kymmene

One more addition to this month. Added 5 shares of UPM Kymmene (UPM) at 32.85€ per share. I now hold 25 shares of UPM.

New purchase : UPM-Kymmene Oy

Dividend re-investment beforehand continues. Added 4 shares of UPM-Kymmene (UPM.HE) at 29.81€ per share. I now hold 20 shares of UPM-Kymmene.

New purchase : UPM-Kymmene

Added 6 shares of UPM-Kymmene at 23.03€ per share. I now hold 16 shares of UPM

New purchase : UPM-Kymmene

Started new position in portfolio by purchasing 10 shares of UPM-Kymmene at 28.02€ per share. UPM-Kymmene pays dividend annually in April and my starting yield at cost is 4.6%

UPM-Kymmene Corporation (UPM) is a global forest company. The Company's segments include UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA, UPM Plywood and Other operations. The UPM Biorefining segment consists of pulp, timber and biofuels businesses.