Dividend
With the execution of ambitious investment projects in mind, which would support Grupa Azoty’s business growth and ensure the highest level of long-term financial security, the Company decided not to set a lower limit for the dividend payout ratio, and to maintain the upper limit at 60%.
The overarching goal underlying the Group's financial structure is to provide long-term financial security and full internal coherence of its overall funding.
The implementation of a comprehensive investment program and the risk of economic downturn is reflected in the waiver of the lower threshold of the dividend payout. As a consequence, in duly justified cases the dividend payment will not be recommended by the Management Board.
| Year | The dividend record date | The dividend payment date | Retained earnings | Total dividend amountq | Dividend per share |
|---|---|---|---|---|---|
| 2008 | 26.06.2009 | 1 część: 31.08.2009 | 61 935 tys. zł | 39 898 749,42 zł | 1,02 zł |
| 2 część: 06.11.2009 | |||||
| 2012 | 22.04.2013 | 24.05.2013 | 250 692 tys. zł | 148 793 226,00 zł | 1,50 zł |
| 2013 | 18.06.2014 | 09.07.2014 | 44 117 tys. zł | 19 839 096,80 zł | 0,20 zł |
| 2015 | 20.06.2016 | 11.07.2016 | 209 055 tys. zł | 83 324 206,56 zł | 0,84 zł |
| 2016 | 04.08.2017 | 23.08.2017 | 224 775 tys. zł. | 78 364 432,36 zł | 0,79 zł |