Dividend

Dividend policy

According to Strategy for years 2017 - 2022 the proposed dividend should comprise up to 50% of consolidated net profit in 2015−2022. In its recommendations on dividend payment, the PGNiG Management Board will each time take into account the current financial standing of the PGNiG Group and its investment plans. PGNiG will recognise net profits of its subsidiaries in the consolidated accounts net of any dividend paid by the subsidiaries, so achieving the planned level of dividend payments by the Parent may be postponed by one year.

 

Dividend Amount

 
Year Total dividend Non-cash dividend for State Treasury* Dividend per share Dividend yield
2015 1,062,000,000.00 PLN 0.00 PLN 0.18 PLN 3.03 %
2014 1,180,000,000.00 PLN 0.00 PLN 0.20 PLN 4.12 %
2013 885,000,000.00 PLN 0.00 PLN 0.15 PLN 2.57 %
2012 767,000,000.00 PLN 0.00 PLN 0.13 PLN 3.18 %
2011 0.00 PLN 0.00 PLN 0.00 PLN -
2010 708,000,000.00 PLN 30,104,400.49 PLN 0.12 PLN 3.36 %
2009 472,000,000.00 PLN 339,993,970.83 PLN 0.08 PLN 2.11 %
2008 531,000,000.00 PLN 382,498,756.17 PLN 0.09 PLN 2.32 %
2007 1,121,000,000.00 PLN 949,994,114.70 PLN 0.19 PLN 3.97 %
2006 1,003,000,000.00 PLN 849,998,384.81 PLN 0.17 PLN 4.93 %
2005 885,000,000.00 PLN 681,481,218.87 PLN 0.15 PLN 4.24 %

​ Dividend yield - dividend per share divided by the average annual price per share                                   

The State Treasury is entitled to receive non-cash dividend in the form of transmission assets. If the value of transferred assets is lower than the amount of dividend to be received by the State Treasury, the remaining amount of dividend is paid out in cash.

Dividend Payout

Dividend is paid out on the date specified by the General Shareholders Meeting of PGNiG through the depository system of the National Depository for Securities (Polish NDS). The dividend amounts are subsequently transferred by the Polish NDS directly to the securities accounts of the persons entitled to receive dividend maintained by particular brokerage houses.

Year Record day Payout day
2015 20.07.2016 02.08.2016
2014 15.07.2015 04.08.2015
2013 14.08.2014 04.09.2014
2012  20.07.2013  03.10.2013

2011

 -

 -

 2010 20.07.2011 06.10.2011
 2009 27.07.2010 04.10.2010
 2008 26.08.2009 02.10.2009
 2007 25.07.2008 01.10.2008
 2006 27.07.2007 01.10.2007
 2005 27.07.2006 02.10.2006