KGHM to pay out dividend of PLN 5
15:23
Monday’s KGHM general meeting decided to pay out a total of PLN 1 billion, out of its 2013 profits of PLN 3.058 billion, in dividends.
The payout of PLN 5 per share will come in two installments. The first installment is to be paid on August 18, while the second installment will be paid on November 18.
The PAP release confirmed earlier announcements by KGHM boss, Herbert Wirth, that one third of profits would be paid out to shareholders. The Ministry of Treasury is a minority stakeholder and is favorable to a dividend pay out at a rate of 1/3 of profits.
