Information about shares
| Total amount of shares: | 1 250 000 000 |
| Nominal value of one share: | PLN 1 |
| Listed: | Warsaw Stock Exchange since 10.11.2004 |
| Indices: | WIG, WIG20, WIG30, WIG Banki |
| ISIN: | PLPKO0000016 |
| FISN: | PKOBP/BRSH SER-A-D PLN1.0 |
| LEI: | P4GTT6GF1W40CVIMFR43 |
| Bloomberg: | PKO PW |
| Reuters: | PKOB WA |
Information about shareholders (on 30.09.2020)
| Shareholder | Number of shares in the share capital / % | Number of votes at the General Meeting / % | Address | Contact | ||
|---|---|---|---|---|---|---|
| 367 918 980 | 29.43 | 367 918 980 | 29.43 | Ministry of State Assets | +48 22 695 86 31 |
| 100 883 023 | 8.07 | 100 883 023 | 8.07 | Nationale-Nederlanden Open-end Pension Fund Topiel 12 00-342 Warsaw | +48 22 522 00 00 | 522 11 11 info@nn.pl www.nn.pl |
| 91 910 319 | 7.35 | 91 910 319 | 7.35 | Aviva Open-end Pension Fund | +48 22 557 44 44 | 557 40 50 |
| 689 287 678 | 55.15 | 689 287 678 | 55.15 | ||
| Total | 1 250 000 000 | 100 | 1 250 000 000 | 100 | ||
Polish Financial Supervision Authority's position on dividend policy in 2021
On 16 December 2020, the PFSA announced its position regarding the dividend policy of commercial banks in 2021.
The Authority deems necessary that commercial banks suspend their payment of dividends in the first half of 2021.
The Polish Financial Supervision Authority also expects than no other actions will be taken, in particular outside the scope of current business and operating activities of the banks, which could result in a reduction of their capital base without prior consultation with the supervision authority. This also applies to any potential dividend payment from earnings retained in previous years and repurchase of own shares. The PFSA expects that any such actions would be subject to a prior consultation with the Authority and its approval at all times.
The position of the Polish Financial Supervision Authority regarding the dividend policy of commercial banks in the second half of 2021 will be announced separately after the financial situation of the banking sector in the first half of this year is analyzed.
Dividend policy of PKO Bank Polski S.A.
The aim of the dividend policy is to optimize the capital structure of the bank and the Group, having considered the return on capital and the cost of capital, the capital needs for development, while ensuring an appropriate level of the capital adequacy ratios. The dividend policy assumes stable payments of dividends in the long term perspective, with respect to the principle of prudent management of the bank and the Group as well as the possibility of realization of payments out of capital excess over the minimum capital adequacy ratios resulting from the generally applicable legal and regulatory requirements as well as the minimum level of Tier 1 at the level of 14.62%, as specified by the Polish Financial Supervision Authority for the purpose of the payment of the dividend by the bank. The regulatory requirements should be considered also as the PFSA’s, as the competent authority, position regarding the dividend policy for financial institutions, including the bank.
The dividend policy takes into account factors related to the activity of the bank and the Group subsidiaries, in particular the supervisory requirements and recommendations with regard to capital adequacy.
| Year | Net profit for distribution (PLN) | Dividend (PLN) | Eligible shares | Dividend per share (PLN) | Dividend payout ratio | Dividend date | Dividend payment date |
| 2019 | 3 834 504 089 | 0 | 1 250 000 000 | 0 | 0% | - | - |
| 2018 | 3 335 302 049 | 1 662 500 000 | 1 250 000 000 | 1.33 | 49.85% | 31-07-2019 | 14-08-2019 |
| 2017 | 2 774 000 000 | 687 500 000 | 1 250 000 000 | 0.55 | 24.78% | 08-08-2018 | 22-08-2018 |
| 2016 | 2 888 300 000 | 0 | 1 250 000 000 | 0 | 0% | - | - |
| 2015 | 3 821 142 000 | 0 | 1 250 000 000 | 0 | 0% | - | - |
| 20141) | 3 212 264 000 | 0 | 1 250 000 000 | 0 | 0% | - | - |
| 20132) | 2 962 520 000 | 937 500 000 | 1 250 000 000 | 0.75 | 31.65% | 18-09-2014 | 03-10-2014 |
| 20123) | 3 681 150 000 | 2 250 000 000 | 1 250 000 000 | 1.80 | 61.12% | 19-09-2013 | 04-10-2013 |
| 2011 | 3 953 622 000 | 1 587 500 000 | 1 250 000 000 | 1.27 | 40.15% | 12-06-2012 | 27-06-2012 |
| 2010 | 3 311 209 000 | 2 475 000 000 | 1 250 000 000 | 1.98 | 74.75% | 31-08-2011 | 15-09-2011 |
| 2009 | 2 432 152 000 | 2 375 000 000 | 1 250 000 000 | 1.90 | 97.65% | 23-10-2010 | 20-12-2010 |
| 2008 | 2 881 260 000 | 1 000 000 000 | 1 000 000 000 | 1.00 | 34.71% | 24-09-2009 | 05-10-2009 |
| 2007 | 2 719 991 000 | 1 090 000 000 | 1 000 000 000 | 1.09 | 40.07% | 18-08-2008 | 04-09-2008 |
| 2006 | 2 047 391 000 | 980 000 000 | 1 000 000 000 | 0.98 | 47.87% | 20-07-2007 | 02-08-2007 |
| 2005 | 1 676 798 000 | 800 000 000 | 1 000 000 000 | 0.80 | 47.71% | 10-07-2006 | 01-08-2006 |
| 2004 | 1 511 065 000 | 1 000 000 000 | 1 000 000 000 | 1.00 | 66.18% | 19-08-2005 | 01-09-2005 |
1) Net profit for distribution incl. the bank's net profit for the year 2014 (PLN 3 079 471 000) and unappropriated profits (PLN 132 793 000)
2) Net profit for distribution incl. the bank's net profit for the year 2013 (PLN 3 233 762 000) and unappropriated loss of previous years (PLN -271 242 000)
3) Net profit for distribution incl. the bank's net profit for the year 2012 (PLN 3 592 617 000) and unappropriated profits (PLN 88 533 000)
Source: Current reports of PKO Bank Polski S.A.