The dividend from the profit for the year | Consolidated net profit (thousands of zloty) | Profit allocated on the payment of a dividend (thousands of zloty) | Share profit allocated on the payment of a dividend (%) | Dividend value per share (PLN) | Date of granting the dividend right | Dividend payment date |
|---|---|---|---|---|---|---|
2011 | 37 302 | 14 429 | 39% | 6,0 | 2012-06-20 | 2012-08-24 |
2012 | 29 115 | 18 036 | 62% | 6,7 | 2013-07-18 | 2013-09-25 |
2013 | 25 734 | 19 889 | 77% | 8,0 | 2014-08-29 | 2014-09-18 |
2014 | 38 547 | 22 994 | 60% | 9,0 | 2015-07-24 | 2015-08-14 |
2015 | 48 659 | 27 500* | 57% | * | * | * |
2016 | 75 593 | 42 420* | 56% | * | * | * |
2017 | 86 708 | 51 000* | 59% | * | * | * |
2018 | 116 190 | 57 000* | 49% | * | * | * |
2019 | 107 022 | 0 | - | - | - | - |
2020 | -98 692 | 0 | - | - | - | - |
2021 | -23 855 | 0 | - | - | - | - |
2022 | 139 077 | 120 275 | 86% | 41,0 | 2023-09-15 | 2023-09-29 |
2023 | 444 873 | 399 369 | 90% | 135,0 | 2024-09-16 | 2024-09-27 / 2024-11-25** |
2024 | 454 659 | 0 | - | - | - | - |
2025 | 572 895 | 330 104 | 58% | 100,0 | 2026-09-07 | 2026-09-25 |
Dividend Policy
Beneft Systems S.A. has been listed on the main market of the Warsaw Stock Exchange since 2011.
Dividend policy
The Management Board of Benefit Systems S.A. on 20 March 2026 adopted Dividend Policy of Benefit Systems S.A. for years 2026–2028 with following wording:
In each year that the Dividend Policy is in effect, the Company's Management Board will recommend to the General Meeting that a dividend of at least 60% of the adjusted consolidated net income of the Company's group for the preceding financial year be paid, defined as consolidated net income after adjustments for positive or negative unrealized foreign exchange differences and effect of hyperinflation arising from implementation of IAS 29.
The recommendation of the dividend by the Management Board will take into account:
the current and expected financial situation of the Company's group;
amount of dividends the Company receives from subsidiaries;
amount of actual and planned capital expenditures, particularly in the year when dividend is paid;
indebtedness level and commitments arising from terms of financing agreements.
The Dividend Policy shall apply starting from the distribution of profit for the financial year ending on 31 December 2025. The Management Board of the Company further announces that the Dividend Policy has received a positive opinion from the Company’s Supervisory Board.
The Dividend Policy constitutes a statement of the Management Board’s intention with respect to recommending the payment of dividends and does not constitute an obligation of the Company to recommend or to pay a dividend in any given financial year. The final decision regarding the allocation of the Company’s profit, including the decision on whether to pay a dividend and its amount, is made in each case by the General Meeting of the Company.
The history of Benefit Systems dividends
* Share buyback at a premium in accordance with the Dividend Policy described above
** Payment in two equal instalments of PLN 67.50 per share
Historical dividend policies
Information on the Dividend Policy adopted in 2022:
On 15 December 2022, the Management Board adopted dividend policy for years 2023–2025 (hereinafter, the "Dividend Policy"), which was approved by the Company's Supervisory Board, with the following wording:
In each year that the Dividend Policy is in effect, the Company's management board will recommend to the general meeting that a dividend of at least 60% of the consolidated net income of the Company's group for the preceding fiscal year be paid, excluding positive or negative unrealized foreign exchange differences recognized during the period.
The recommendation of the management board referred to above will take into account the financial and liquidity situation, development prospects and investment needs of the Company and the Company's capital group.
The Dividend Policy will be subject to periodic review and is effective and applicable starting from the distribution of profit for the fiscal year ending on 31 December 2022.
In 2025, the Management Board of Benefit Systems resolved to submit to the Annual General Meeting a proposal to allocate the profit of PLN 394,551,952.42, as reported in the Company’s standalone financial statements for 2024, in full to the Company’s reserve capital. This proposal constitutes a departure from the Dividend Policy of Benefit Systems S.A. for the years 2023–2025, announced in Current Report No. 52/2022 on 15 December 2022 (the “Dividend Policy”).
The departure from the Dividend Policy is of a one-off nature and is connected with the completed acquisition of 100% of the shares in Mars Spor Kulübü ve Tesisleri İşletmeciliği A.Ş., headquartered in Istanbul, Turkey, and – indirectly – its subsidiaries, the operator of the Mac Fitness network in Turkey.
Information on the Dividend Policy adopted in 2019:
On 9 December 2019, the Management Board of Benefit Systems adopted dividend policy for years 2020–2023, which was approved by the Company's Supervisory Board, with the following wording:
In each year of the Dividend Policy, the Management Board will recommend to the General Meeting to pay out a dividend with the value representing at least 50% of the consolidated net profit of the capital group of the Company for the preceding financial year. The Management Board’s recommendation will take into account the financial and liquidity situation, the development prospects and investment needs of the Company and of the capital group of the Company.
Information on the Profit Distribution Policy adopted in 2016:
On 10 February 2016, the Management Board adopted the Profit Distribution Policy to Shareholders for years 2016–2019, which was subsequently approved by the Company's Supervisory Board on 10 February 2016, with the following wording:
The Management Board will recommend to the General Meeting, subject to obtaining the appropriate approval of the Supervisory Board, that in each year of the Profit Distribution Policy, the Company carry out a buyback of its own shares with a value of at least 50% of the Company's net profit for the preceding financial year, taking into account the financial situation and investment needs of the Company and the companies of the Capital Group, including those related to the implementation of investment agreements, as well as the companies' demand for liquid funds.
The Profit Distribution Policy shall be effective and applicable starting from the distribution of the Company's net profit for the financial year ended 31 December 2015 and constitutes a continuation of the Dividend Policy dated 25 September 2012.
Information on the Dividend Policy adopted in 2012:
On 25 September 2012, the Management Board of Benefit Systems, with the approval of the Company's Supervisory Board, adopted the Company's Dividend Policy for years 2012–2015.
In the medium term, the Management Board will recommend to the General Meeting, subject to obtaining the appropriate approval of the Supervisory Board, the payment of a dividend of at least 50% of the Company's net profit. The payment of the dividend will also be conditional upon the Company achieving a minimum profit and on the expected investment expenditures related to the implementation of investment agreements, as well as the capital requirements of the Company and the companies of the Benefit Systems Capital Group.