Orlen pays record-high dividend for 2016

Fuel giant PKN Orlen paid out record high dividend last Friday of PLN 3 per share. PLN 1.28 billion, almost 25 percent of the company’s record-high 2016 net profit of PLN 5.36 billion, was paid out to the company’s shareholders. “It is the fifth year in a row when the concern, in line with its strategic plans, continues dividend payouts,” the firm stated. “The steady growth of dividend per share is carried out while maintaining safe financial parameters, including the current and forecast state of the concern,” the company added.