Robyg's supervisory board approves dividend payout

The supervisory board of Robyg has positively appraised the proposal of the board concerning the recommendation to the General Meeting of Shareholders dividendto make payments from the 2015 profits, the company said in an announcement. The recommendation of the Board determines the dividend payment to the amount of PLN 0.20 per share, over PLN 52 mln in total. This means that the dividend yield currently stands at almost 6 percent of the market value of ROBYG SA shares. In January, the Supervisory Board of ROBYG Group approved a proposal by the Board policy of dividend income for years 2016-2017. The adopted plan allows alloting 65-80 percent of the consolidated Group net profit for dividend payment. The decision is dictated by the very good financial condition of the company and the will to share profits with shareholders.