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Poland's Cyfrowy plans dividend at 0.32 zlotys/share
April 12, 2017 / 11:05 AM / 5 months ago

Poland's Cyfrowy plans dividend at 0.32 zlotys/share

WARSAW, April 12 (Reuters) - Poland’s media group Cyfrowy Polsat plans to pay out a dividend of almost 205 million zlotys ($51.18 million) or 0.32 zlotys per share from its 2016 net profit, the company said in a statement on Wednesday.

In November Cyfrowy said its proposed dividend will amount to 200-400 million zlotys if net debt to EBITDA ratio stays in a range of less than 3.2 but more than 2.5. ($1 = 4.0055 zlotys) (Reporting by Agnieszka Barteczko; Editing by Marcin Goettig)

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