GPW SA Approves Dividend Payment for 2020, Payable on 5 August 2021
June 21, 2021 at 07:47 am EDT
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on 21 June 2021 the GPW SA Ordinary General Meeting ("OGM") took a resolution on distribution of the Company's 2020 net profit. OGM resolved to allocate the amount of PLN 104,930,000.00. The dividend payout ratio will be 69.3% of the consolidated profit (77.3% of the net profit attributable to the shareholders of the parent entity adjusted for the share of profit of associates). The dividend per share is PLN 2.50. The number of shares covered by the dividend is 41,972,000. Simultaneously, GPW OGM set the dividend record date for 23 July 2021 and the dividend payment date for 5 August 2021.
Gielda Papierow Wartosciowych w Warszawie SA (Warsaw Stock Exchange, GPW) is a Poland-based stock exchange. It is a parent entity of WSE Group that offers products and services within its trading markets of equity, derivate, fixed income and structured products. It also distributes market data. The Company has two business lines: Financial market, which includes trading in equities, derivatives, fixed-income and other instruments, listing, and information services; and Commodity market, which includes trading in electricity and property rights in certificates of origin, operation of a register of certificates of origin, clearing, trade and technical trade operator services. As of December 31, 2011, it operates two wholly owned subsidiaries, WSEInfoEngine SA, providing data transmission and information services; and Instytut Rynku Kapitalowego WSE Research SA, engaged in publishing; as well as 92.47%-owned BondSpot SA.