出版社:Publishing House of the University of Economics in Katowice
摘要:This article tries to evaluate dividend policies of state shareholding stock exchange listed companies and determine whether dividend payments are higher than in other companies as pertaining to a budget hole. State Treasury holds shares in 16 stock exchange listed companies with stock exceeding 50% in six of them. Dividend policy evaluation was performed with the use of such indicators as dividend payout ratio,dividend per share and dividend yield which is a relation of dividend amount per share and its price. Average dividend rate on GPW regulated market in Warsaw in 2012 was 3,9% and in some State Treasury companies these rates were much higher.