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Poland's PKN says dividend for 2015 should be record high

Published 2015-11-17, 01:36 a/m
Poland's PKN says dividend for 2015 should be record high
PKN
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WARSAW, Nov 17 (Reuters) - Poland's top refiner, the
state-controlled PKN Orlen PKN.WA will recommend paying out a
dividend from its 2015 profit, and judging by the company's
financial results so far this year, it should be record high,
PKN's chief executive said.
"We would like to recommend to the supervisory board, and
later to the shareholders, a division of profit," Jacek Krawiec
said in a interview published by Rzeczpospolita daily on
Tuesday, asked if the company would pay out a dividend for 2015.
"Judging by the (financial) data after the three quarters
(of 2015), our results are record-high, so the dividend should
be record-high also. But the decision will be made by the
shareholders."
Last month, PKN said its net profit in the third quarter
rose by 48 percent year on year to 795 million zlotys ($199.8
million) on higher refining margins.
($1 = 3.9798 zlotys)

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