DIVIDEND

The PGNiG Group’s Strategy for 2017–2022 provides for distribution of up to 50% of consolidated net profit as dividend, with the proviso that in recommending dividend payments the PGNiG Management Board must always take into account the PGNiG Group’s current financial condition and investment plans. 

On June 27th 2019, the Annual General Meeting resolved to allocate PLN 1,040,096,674.26 for dividend distribution. The dividend record date and the dividend payment date were set for July 26th 2019 and August 7th 2019, respectively.

The dividend amount paid on August 7th 2019 was reduced by the amount of interim dividend from the Company’s 2018 profit paid on December 3rd 2018. 

Dividend from net profits for 2014–2018
2018
2017
2016
2015
2014
Dividend for financial year (PLNbn)
1.04
-
1.16
1.06
1.18
Dividend per share (PLN)
0.18
-
0.20
0.18
0.20
Average annualised share price (PLN)
6.12
6.33
5.16
5.94
4.85
Dividend yield
2.94%
-
3.88%
3.03%
4.12%