Bogdanka to pay large dividend
Coal company Bogdanka is likely to pay 60 percent of its 2013 net profit as dividend. The company’s management has recommended a payout of PLN 197.3 million or PLN 5.8 per share.
If approved by the company’s AGM, the dividend will be paid out on October 2 to shareholders as of September 11.
The remaining part of Bogdanka’s net profit, PLN 129.3 million, will be set aside as reserve capital.
