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Business & Finance

Poland's telecom Netia to stick to its dividend plan

WARSAW: Poland's telecom firm Netia will stick to its plan to pay about 146 million zlotys ($48.50 million) in an annual
Published April 12, 2014

imageWARSAW: Poland's telecom firm Netia will stick to its plan to pay about 146 million zlotys ($48.50 million) in an annual dividend to shareholders, its outgoing chief executive Miroslaw Godlewski told daily Parkiet in an interview.

The amount translates into about 0.42 zlotys per share.

Godlewski, who announced earlier this year that he would leave his post later in 2014, also said Netia should be able to maintain that level of dividend payouts in the medium term.

"This probably means, I would say, at least three to five years," Godlewski said.

Copyright Reuters, 2014

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