Poland's PGE to resume dividend payments under updated strategy
Mon 10:38
Poland's PGE to resume dividend payments under updated strategy Oct 19 (Reuters) - Poland's biggest power producer PGE PGE.WA plans to return to paying regular dividends under an updated strategy until 2035, with the first payout scheduled for next year from its 2026 profit, the company said on Monday.
PGE targets a dividend yield of no more than 5% of its share price, it said in a statement, adding it planned 210 billion zlotys ($54 billion) in investments between 2025 and 2035.
($1 = 3.8976 zlotys)
(Reporting by Rafal Nowak and Alicja Surdy in Gdansk, editing by Milla Nissi-Prussak)
((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))
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