trending Market Intelligence /marketintelligence/en/news-insights/trending/dyEfv2CqX6prBLEq5vuUlg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Bank Pekao to lower dividend

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Bank Pekao to lower dividend

Bank Pekao SA's management and supervisory boards proposed to pay a per-share dividend of 6.60 zlotys from the lender's 2018 net profit, down from 7.90 zlotys offered from its 2017 net earnings.

The total dividend payment proposed by the boards will amount to 1.7 billion zlotys, equivalent to 75% of Pekao's unconsolidated net profit for the 2018 financial year.

The 75% payout ratio is lower than that presented in Pekao's dividend guidelines, as it takes into account the recommendations of the the Polish Financial Supervision Authority regarding profit distribution.

The proposed dividend day has been set for July 10, and the dividend payment date is July 30, Pekao said, noting that the dividend proposal will be presented for approval at the upcoming shareholder meeting.

As of Feb. 25, US$1 was equivalent to 3.82 Polish zlotys.