XTB will allocate PLN 570.5 millions under the revised plan. The capital reserve allocation will be largely unchanged, at PLN 191.1 millions. In its last press release, XTB stated that this recommendation aligns with the company’s dividend policy, which aims to distribute dividends ranging from 50 to 100% of the standalone net profit for the given financial year.
XTB proposed the 10th of July as the date to distribute dividends. Dividend payments will be made on 21st July.
The decision takes into consideration various factors, including the need to maintain appropriate capital adequacy ratios and the capital required for the Group’s development, while also adhering to the guidelines set by the Polish Financial Supervision Authority.
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