In line with the Grupa LOTOS’ Strategy for 2017-2022, the Company seeks to achieve and maintain its dividend payment capacity.
Every year, the Management Board of Grupa LOTOS announces a recommendation regarding the allocation of profit or covering losses, which is assessed by the Company’s Supervisory Board and presented to shareholders. The final decision on the distribution of profit and dividend payment is made by the Annual General Meeting of the Company, which should be held no later than six months after the end of the financial year.
|Financial year||Dividend (PLN)||Dividend per share (PLN)||Dividend payout ratio||Dividend yield||Dividend record date||Dividend payment date|
Dividend payout ratio – the total amount of dividend paid in relation to the total amount of net income (what percentage of net profit is distributed to shareholders).
Dividend yield – dividend per share to price per share.
Dividend record date – the date as at which the list of shareholders entitled to receive dividend for a given financial year is determined.
Dividend payment date – the date on which dividend is paid to the Company’s shareholders.