Dividend
GPW dividend payment history
Financial year for which dividend was paid | Paid dividend (PLN’000) | Dividend per share (PLN) |
Dividend payout rate* | Dividend yield** | Date of the General meeting | Dividend record date | Dividend payout date |
2022 | 113,324 | 2,70 | 97,09%***** | 6.68% | 26.06.2023 | 24.07.2023 | 07.08.2023 |
2021 | 115,003 | 2.74 | 71,30%***** | 7.43% | 23.06.2022 | 25.07.2022 | 05.08.2022 |
2020 | 104,930 | 2.50 | 77,30%***** | 5.23% | 21.06.2021 | 23.07.2021 | 05.08.2021 |
2019 | 100,732 | 2.40 | 93.22%***** | 5.53% | 22.06.2020 | 28.07.2020 | 11.08.2020 |
2018 | 133,471 | 3.18 | 77.1%***** | 7.35% | 17.06.2019 | 19.07.2019 | 2.08.2019 |
2017 | 92,338 | 2.20 | 63.3%***** | 5.84% | 19.06.2018 | 19.07.2018 | 2.08.2018 |
2016 | 90,240 | 2.15 | 70.71%***** | 4.39% | 19.06.2017 | 19.07.2017 | 02.08.2017 |
2015 | 99,054 | 2.36 | 80.27% | 6.69% | 22.06.2016**** | 20.07.2016 | 04.08.2016 |
2014 | 100,732 | 2.40 | 89.88% | 4.93% | 25.06.2015 | 15.07.2015 | 04.08.2015 |
2013 | 50,366 | 1.20 | 44.45% | 3.31% | 25.07.2014*** | 07.08.2014 | 26.08.2014 |
2012 | 32,738 | 0.78 | 30.95% | 2.03% | 21.06.2013 | 12.07.2013 | 26.07.2013 |
2011 | 60,440 | 1.44 | 45.19% | 3.84% | 27.06.2012 | 06.07.2012 | 20.07.2012 |
2010 | 134,730 | 3.21 | 142.28% | 6.05% | 27.06.2011 | 12.07.2011 | 27.07.2011 |
* based on consolidated profit attributable to the shareholders of the parent entity
** based on the closing share price as of the ex-dividend date
*** the Ordinary General Meeting of the Company convened for 26 June 2014, was resumed on 15 July 2014 and finished on 25 July 2014
**** the Ordinary General Meeting of the Company convened for 22 June 2016, was resumed and finished on 21 July 2016
***** based on consolidated profit attributable to the shareholders of the parent entity and adjusted for the share of profit of associates
Dividend policy
Within the timeframe of the Strategy 2023-2027, it is the intention of the GPW Management Board to recommend to the General Meeting dividend payments in line with the profitability and financial capacity of GPW, in the range of 60-80% of the consolidated net profit of the GPW Group for each financial year. In the absence of acquisitions, the Management Board may recommend to the General Meeting a dividend payout higher than 60-80%.