Coverage of high-potential mid-market firms in Poland

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PHN Real Estate to offer a lower DPS than the PLN 0.42 offered in 2016

Listed real estate firm PHN will offer its shareholders a dividend payment of PLN 12 mln or PLN 0.26 per share, the company said in a market filing.

The management wants dividend rights to be established on August 16 and the payment to be made on August 31.

The offer would translate into a 1.6% dividend yield versus the Thursday close price.

In 2016, the company paid PLN 0.42 DPS.

2017-05-19



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