Economy

Warsaw, Poland – Investors in the Polish stock market are anticipating a potentially record-breaking year for dividend payouts in 2026, with several companies signaling substantial increases compared to previous years. The forecast, reaching an estimated 45 billion złoty, represents a 12% increase year-over-year, according to analysts at Skarbiec TFI.

Leading the charge is AB SA (ABE), which has recommended a dividend of 6.45 złoty per share – more than double the amount paid out in the previous year. This significant jump is attributed to a revised dividend policy allocating 60% of consolidated net profit to shareholders. The company’s stock has demonstrated a strong upward trend in recent months.

Ultimate Games (ULG) is likewise poised for a considerable dividend boost, potentially reaching 0.90 złoty per share. While the gaming sector is subject to volatility based on release schedules, the company’s improved financial results in the third quarter of 2025 suggest a potential 80% increase in dividend payouts.

Seco Group (SWG), a company with a long history of dividend payments dating back to 2011, is considering a potential 35% increase, potentially reaching 1.35 złoty per share. Improved year-over-year results for the first three quarters of 2025 support this possibility.

Votum (VOT) has already distributed two dividend installments for 2025, totaling 1.67 złoty per share. The company’s 2025-2027 policy aims to recommend 60 million złoty for distribution annually, equating to 5.00 złoty per share – a potential 33% increase over the 3.74 złoty paid in 2025.

GPM Vindexus (VIN), operating in the debt collection sector, is also anticipating a dividend increase of around 24%, potentially reaching 0.62 złoty per share, bolstered by improved financial performance in 2025. The company previously distributed an extraordinary dividend from capital reserves.

The Warsaw Stock Exchange (GPW) itself is experiencing a strong upward trend and is considering a dividend of approximately 3.90 złoty per share, a potential 20% increase. This is based on the assumption of continuing its dividend approach of around 80% of net profit.

Mennica Polska (MNC) is also expected to increase its dividend by approximately 22%, reaching 1.34 złoty per share, supported by a strong growth trend and improved financial results. The company has a 13-year history of dividend payments.

Analysts note that the financial sector and utilities are expected to contribute the largest share of dividends, with consumer goods and real estate sectors also increasing their contribution. Orange Polska (OPL) has already announced a 15% increase in its proposed dividend, offering 0.61 złoty per share, to be paid on July 8, 2026.

The final dividend amounts will depend on the full-year financial results and official recommendations from company boards. Investors are closely monitoring these developments as they assess potential returns in the Polish stock market.