The final decision on dividend payouts is taken by the Company’s General Meeting of Shareholders after obtaining the Management Board’s recommendation based in particular on the following factors:
Issuer’s liquidity position, in particular in the case when the Issuer has not generated enough cash to pay dividend; legal and formal requirements, including the requirement to cover loss for previous years, resulting from the provisions of the code of commercial companies; the risk of breaching covenants included in the Issuer’s financial documentation (loan agreements or terms and conditions of bond issue), in particular related to not breaching the defined value of leverage ratio and ensuring investment grade rating; allocation of profit to expenditures related to execution of strategic projects, if in the opinion of the Issuer retaining the funds would lead to increase in the value of assets.
Amount of dividend per share paid out by the Company:
|
Dividend from |
Dividend amount |
Total amount |
Dividend Record Day |
Dividend Payment Day |
|---|---|---|---|---|
| 2023 | - | - | - | - |
| 2022 | - | - | - | - |
| 2021 | - | - | - | - |
| 2020 | - | - | - | - |
| 2019 | - | - | - | - |
| 2018 | - | - | - | - |
| 2017 | - | - | - | - |
| 2016 | - | - | - | - |
| 2015 | - | - | - | - |
| 2014 | 0.15 | 262,882,409.10 | 22 July 2015 | 12 August 2015 |
| 2013 | 0.19 | 332,984,384.86 | 14 August 2014 | 4 September 2014 |
| 2012 | 0.20 | 350,509,878.80 | 3 June 2013 | 18 June 2013 |
| 2011 | 0.31 | 543,290,312.14 | 2 July 2012 | 20 July 2012 |
| 2010 | 0.15 | 262,882,409.10 | 30 June 2011 | 20 July 2011 |