Fortum Oyj - FORTMh - Share chat

This company generates and sells heating and electricity to business customers in Europe and Russia.

1 Like

rip, investing in a Finnish nuclear company backed by the state, with ownership of a German energy provider. Nice dividends and good track record, what could go wrong? EVERYTHING!

1 Like

Do you think this company is worth a 2nd look, especially with such a good dividend yield ??

No they merged with a german utility company, the liabilities they now have far outweigh any good part of the finnish nuclear business that there was IMO

1 Like

Also there is a 30%/35% dividend tax on Finnish stocks isn’t there?

2 Likes

Thanks for the extra info, much appreciated.

2 Likes

yeah unfortunately UK doesnt have a dividend tax trreaty with them :frowning:

1 Like