Shareholders In Poland's PGNiG Approve Dividend Of PLN 0.18/Shr

Reuters

WARSAW, June 23 (Reuters) - Shareholders at Poland's state-run gas firm PGNiG approved on Tuesday a dividend of 0.18 zlotys per share, in line with the management proposal.

PGNiG had planned to pay out a dividend of 1.06 billion zlotys, but some analysts expected the firm to pay out more due to its good cash position and the fact that the bulk of the payout will go to the state, which owns 70 percent in PGNiG.

For 2014 the company paid out a dividend of 0.20 zlotys per share.

(Reporting by Jakub Iglewski; Writing by Agnieszka Barteczko; Editing by Marcin Goclowski)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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