The foremost objective of Asseco Poland is to ensure continued growth of its business. The Company intends to spend most of its funds to create long-term value for its shareholders through acquisitions and internal development. Nevertheless, the Company is going to distribute excessive cash among its shareholders in the form of dividends.
Our Management Board will make recommendations to the General Meeting of Shareholders to allocate 10% to 40% of the Company's net earnings for dividend payments. The amounts of recommended dividends will depend on the Company’s:
- financial liquidity;
- planned capital expenditures.
Shares of Asseco Poland are not privileged as to dividend. This means the Company will pay equal dividend per each share.
Information on dividend payments will be announced in the Company's current reports. The dividend right shall be acquired by investors in whose securities accounts shares of Asseco Poland are entered on the dividend day.
Implementation of dividend policy
|% of consolidated net profit||31%||27%||36%||33%||54%||62%||77%||67%||68%||83%||54%||76%|
* 26 April 2019 Ordinary General Meeting of shareholders adopted the resolution on dividend payment in the amount of PLN 255 m, i.e. 3.07 per share. The record day was set on 20th May 2019, dividend will be paid on 5th June 2019.