Orlen recommends to pay dividend

The board of PKN Orlen will recommend to pay out PLN 705.72 million in dividends from reserve capital, the company announced. Additionally, the board proposed to cover a net loss of PLN 4.61 billion from reserve capital. Deputy financial director Sławomir Jędrzejczyk informed in January that there is no doubt that the company will pay out dividends for 2014, the only unknown was the value of dividend per share. Last year, PKN Orlen paid PLN 615.9 million in dividends.