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PGE offers record dividend, 2011 net just above consensus
March 14, 2012 / 5:42 AM / 6 years ago

PGE offers record dividend, 2011 net just above consensus

WARSAW, March 14 (Reuters) - Poland’s top utility PGE offered to pay a record dividend of 2.5 billion zlotys ($790 million), or 1.32 zlotys per share, after it posted a slightly better-than-expected increase in its 2011 net profit on Wednesday.

PGE said profit rose 39 percent to 4.9 billion zlotys, more than the 4.8 billion consensus drawn from nine analysts. ($1 = 3.1390 Polish zlotys) (Reporting by Maciej Onoszko; Editing by Edwina Gibbs)

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