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 the long-term policy of distributing PLN 500 million. Dividend rights will be fixed on July 4 and payment will be made on July 18, a statement read. Last year, dividend per share amounted to PLN 1.44 or PLN 596.3 million from 2014 profit.