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
2024 132,212 3.15 88.72% 5.71% 30.06.2025 23.07.2025 6.08.2025
2023 125,916 3.00 79.92% 6.41% 27.06.2024 24.07.2024 07.08.2024
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

 

* Dividend payout ratio: for years 2010-2015 based on consolidated profit attributable to the shareholders of the parent entity; for years 2016-2022 based on consolidated profit attributable to the shareholders of the parent entity and adjusted for the share of profit of associate; for 2023 based on consolidated profit of the GPW Group
** 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

 

Dividend policy

Within the time horizon to 2027, the Company plans to continue its dividend policy with the ambition of increasing dividends. It is the GPW Management Board’s intention to recommend to the General Meeting dividend payments at 60-80% of the consolidated net profit of the GPW Group for each financial year.