Echo Investment to pay out PLN 2.17 bln dividend
11:26
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 first stood at PLN 297 million, and the second at PLN 293 million.
Echo Investment is a property developer which manages approximately 400,000 sqm of space occupied by shopping centers, offices and housing buildings all over Poland. The company has been listed on the WSE since 1996.