On 29th December 2016 shareholders of Echo Investment will get the first tranche of dividend advance from 2016 profit amounting to PLN 285 mln, which is 0,69 PLN per share. Remaining part of the advanced dividend – 0,16 PLN per share – will be paid in 2017.
"Dividend advance is possible due to successful Q22 sale transaction closed last week. In addition to increase of our share value, we want to provide our shareholders with regular dividend returns. It"s worth to underline, that sharing our profit with shareholders will go side by side with the company"s development, enlarging the land bank and scale of activity" comments Nicklas Lindberg, CEO of Echo Investment. In 2016 Echo Investment for the first time in its history has shared its profit with the investors and paid 5,27 PLN of dividend per share so far. The average share price of the company since the beginning of the year is 5,77 PLN.