There is also a small detail regarding quarterly dividends: it is easier to decide not to pay a single installment, as happened with Tokmanni when results weaken.
In theory, a 7% dividend sounds great on paper, but there are no guarantees of its payment if the result weakens.
That -29.5% drop in operating profit is absolutely staggering for a company like Elisa, and in the beginning of the year, EBITDA will take another hit as people switch to cheaper subscriptions or competitors. If and when the next quarterly report is just as bad, it might be that Manner will not continue in his role for very long.