Locked content WSE to introduce new, dividend-based indices

Starting from September 18, the Warsaw Stock Exchange will start publishing two new dividend-based indices mWIG40TR and sWIG80TR, the bourse said in a market filing. The new indices will complement the existing WIG20, mWIG40 and sWIG80 indices and will be calculated simultaneously with them. “The ru...

Locked content PZU approves PLN 1.8 bln dividend payout

Shareholders at PZU, Poland’s biggest state-controlled insurer, decided on Tuesday that the company will pay out last year’s dividend of PLN 2.08 a share, in line with PZU’s plans. The total dividend of the firm is valued at PLN 1.8 billion. The handout is also in line with Eastern...

Locked content Cyfrowy Polsat will not pay out dividend

Shareholders of Poland’s largest media group, Cyfrowy Polsat, have decided not to pay out dividends for the financial year of 2015 and allocate it as spare and reserve capital. “The Shareholder general meeting decided that a net profit of PLN 446.15 million recorded in the financial year...

Locked content Echo Investment to pay out PLN 2.17 bln dividend

The supervisory board at real estate developer Echo Investment has approved the pay out of PLN 2.17 billion of the company’s 2015 profit, making a price of PLN 3.84 per share, the company reported. Earlier in January, Echo Investment decided to pay out dividend in two tranches – the firs...

Locked content Energa allocates more than PLN 200 mln for dividend

Power utility Energa has approved the payout of 24.1 percent of the company’s 2015 profit to dividend, the company reported. Energa will pay a dividend of PLN 0.49 per share, thus committing PLN 202.9 million in total. The decision is in line with management’s recommendation and below th...

Locked content Echo Investment to pay out PLN 590 mln dividend

The supervisory board at real estate developer Echo Investment approved the pay-out of a prepayment dividend totalling PLN 590 million, the company reported. The prepayment will be paid out in two tranches, the first will stand at PLN 0.72 per share (PLN 297 million), the second one will amount to P...

Locked content KGHM to spend PLN 800 mln on dividends

KGHM Polska Miedź will pay a dividend of PLN 4 per share, thus committing PLN 800 million in total, the mining and metallurgy company reported. First installment will be paid out on July 18, the second one on October 19. Last year, dividend per share amounted to PLN 5. KGHM reported a PLN 2.45 billi...

Locked content BZ WBK shareholders agree to not to pay out dividends

Shareholders at commercial lender BZ WBK decided on Thursday to not to pay out a dividend on its 2014 net profit but agreed that the payout is possible later this year. As much as PLN 1 billion will be put towards reserve capital. In the case of the remaining PLN 953 million, CEO Mateusz Morawiecki ...

BZ WBK will not pay out dividend

The board of commercial lender BZ WBK has changed their decision regarding the allocation of profits and has decided to not pay out dividends for 2014.

Locked content Kruk will pay out dividend first time ever

Polish bulk debt collection company Kruk is going to pay out first dividend in its history, said its CEO Piotr Krupa informed ISBnews agency. “I know that the dividend for last year is not high but we are getting used to sharing our profits with the shareholders. First of all, we want to grow,...