Dividends
Payment of dividend by the company in the previous 5 years
| Dividend payment year | Dividend payment amount in PLN | Dividend per share in PLN | Payment in instalments | Date of acquisition of the right to dividend | Dividend payment date |
|---|---|---|---|---|---|
| 2015 | 136 072 627,20 | 14,41 | 2 | 16th July 2015 | 10th August 2015 & 4th December 2015 |
| 2016 | 170 166474,00 | 18,00 | 2 | 15th July 2016 | 5th August 2016 & 7th December 2016 |
| 2017 | 284 699 400,00 | 30,00 | 2 | 24th August 2017 | 7th September 2017 (PLN 8 per share) & 23rd November 2017 (PLN 22 per share) |
| 2018 | 228 518 001,18 | 23,94 | 2 | 26th June 2018 | 10th July 2018 (PLN 6,70 per share) & 26th September (PLN 17,24 per share) |
| 2019 | 229 008 831,71 | 23,93 | 2 | 22th August 2019 | 5th September 2019 (PLN 6,98 per share)& 7th November 2019 (PLN 16,95 per share) |
| 2020 | 336 654 430,53 | 34,99 | 2 | 21th September 2020 | 6th October 2020 (PLN 10,99 per share) and 4th November 2020 (PLN 24,00 per share) |
Actual dividend policy:
The dividend policy adopted by the Supervisory Board of Grupa Kęty S.A. provides for the payment of dividend amounting to 60%-100% of consolidated net profit of Grupa Kęty S.A. during the implementation period of ‘2020 Strategy’. The Management Board assumes that the payment of dividend during the implementation period of ‘2020 Strategy’ strategic plan will amount on average to 80% of consolidated net profit of Grupa Kęty S.A.
The Management Board, when determining the recommended dividend, will take into account, among other things:
- the Group’s net debt to EBITDA ratio calculated as at the last balance sheet date of the previous financial year with the maximum level of 2.0;
- time shifts of dividends received from subsidiaries affecting the maximum level of recommended dividend;
- the value of potential and feasible acquisitions;
- the value of actual capital expenditure to be made in the year of dividend payment.
