PZU Surges After Saying Acquisitions Won’t Stop Dividend Boost

  • Dividend policy assumes payouts from 50%-80% of annual profits
  • Potential takeover of Raiffeisen unit won’t hurt dividend

PZU SA, Poland’s largest insurer, rose the most in seven months in Warsaw trading after Chief Executive Officer Michal Krupinski said the company may pay a dividend at the higher end of its range despite its acquisition plans.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.