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%.