The Management Board of LPP recommended to the ordinary general meeting the payment of a dividend of PLN 900 per share, LPP announced in a statement on Wednesday. This value is impressive and is the highest amount for one security on the Warsaw Stock Exchange, but it must be put in the right context.
Firstly, the dividend actually paid will be reduced by the amount of the previously paid advance payment of PLN 400 per share. The date of establishing the list of shareholders entitled to the dividend advance has already passed and was April 23, 2026 (the payment was made on April 30).
Secondly, the amounts paid must be compared with the share price on the stock exchange. And this is the highest among all companies listed on the WSE, currently the price for one LPP stock is PLN 21,580 (the historical maximum is PLN 24,180 from mid-April). This means that the total amount, i.e. PLN 900, would give a good, but not impressive dividend rate of 4.2% at the current exchange rate. This year, there is “only” PLN 500 up for grabs from LPP as part of profit sharing, so the dividend rate on this amount at the current exchange rate would reach 2.3%. Some WSE companies offer dividend rates of 6-9%. (though of course the situation of each of them may be different, e.g. they may develop slower than LPP).
LPP dividend history in recent years.
|
LPP SA
The total amount of the dividend will be almost PLN 1.673 billion, a record in the company's history. It consists of the net profit achieved in the financial year from February 1, 2025 to January 31, 2026, in the total amount of PLN 1.617 billion and PLN 55.7 million from the company's supplementary capital created from profits from previous years.
The proposed dividend date is October 9, 2026, and the dividend payment date is October 30, 2026.
“The actual dividend paid will be reduced by the amount of the advance payment previously paid. The advance payment was paid for 1,858,708 series A, B, C, D, E, F, G, H, I, J, K, L, M and N shares in the amount of PLN 743,483,200, i.e. PLN 400 per share,” the announcement reads.
LPP maintained its financial goals
The proposed dividend amount is not a surprise. In March, LPP announced that the management board was considering submitting to the general meeting a request for dividend payment in the total amount of PLN 900 per share. At the end of January, it was reported that the management board was initially considering submitting an application to shareholders for a dividend payment in the total amount of at least PLN 800 per share.
In July 2025, LPP shareholders decided to pay a total of PLN 1.22 billion in dividends for the 2024/25 financial year, including the advance payment of PLN 612.4 million.
LPP manages the fashion brands Reserved, Cropp, House, Mohito and Sinsay. The company has been listed on the Warsaw Stock Exchange since 2001. In the 2025 financial year (February 2025 – January 2026), the company had PLN 23.1 billion of consolidated revenues. Its current capitalization is approximately PLN 40 billion, which gives it eighth place in this respect in the WIG20 index.
At the end of May, Vice President Marcin Bójko announced that the Group LPP maintains its financial goals for 2026. – At the moment, we have no reasons to verify the forecasts – said the vice-president at a meeting with investors.
LPP assumes that in 2026 the group's revenues will amount to approximately PLN 28-29 billion, and the gross margin on sales will amount to 55-55.5%. The net profit margin is estimated at 9-10 percent.
