AB Group Joins GPW Dividend Indices; Upcoming Dividend May Be More Than Twice the Previous One
After the trading session on 19 December 2025, the largest IT distributor in the CEE region (GPW: ABE) will join the WIGdiv and WIGdivplus indices. The dividend for the completed 2024/2025 financial year may exceed PLN 100 million, which would represent an approx. 120% y/y increase.
Following five consecutive years of rising dividend payouts, the Lower Silesia–based AB Group has been included in the updated composition of the GPW dividend indices as part of the December revision. As a result, from Monday, 22 December, AB Group will debut in the WIGdiv index as the 19th most significant company and as the 25th constituent of the WIGdivplus index. Both indices are income-based and include only companies from the main GPW benchmarks: WIG20, mWIG40 and sWIG80.
The WIGdiv index has been calculated since 2010 and consists of companies that regularly pay dividends. The WIGdivplus index, published since February this year, includes companies paying dividends above a 2% yield threshold (for at least three consecutive years or four times in the last five years). An ETF based on WIGdivplus was launched in August this year and is listed on the GPW.
– We are pleased to be formally joining the dividend elite of companies listed on the Warsaw Stock Exchange. Considering our balance sheet and liquidity position, we have substantial room both to grow the business and to increase dividend scale – as reflected in our dividend policy published in September. Based on the profit from the last financial year, we have the potential to distribute a nine‑digit dividend amount to shareholders for the first time in our history. At the same time, AB Group has ambitious plans for business expansion and further improvement of financial results, which will also translate into future dividends – emphasizes Andrzej Przybyło, President of the Management Board of AB S.A.
AB Group’s dividend policy for the 2024/2025–2027/2028 financial years assumes allocating 40% to 66% of consolidated net profit to dividend payouts. For the 2024/2025 fiscal year (ended in September), the payout ratio is set at exactly 60%. Based on net profit generated over the last four reported quarters (July 2024 – June 2025), this would amount to over PLN 103 million.
Such a payout would translate into approx. PLN 6.5 per share (a 6.3% potential dividend yield based on the closing price on 12 December). The condition for executing the dividend policy is maintaining the net debt to EBITDA ratio below 3 – and in recent quarters, the company has been far below this threshold, standing at only 0.2 at the end of June (the reporting date of the latest financial statement).
The publication of the 2024/2025 annual report, containing the financial results forming the basis for the dividend policy, is scheduled for 21 January 2026. The final decision on the dividend amount – as in all listed companies – will be made by shareholders at the General Meeting.
For comparison, the dividend paid for the 2023/2024 financial year amounted to PLN 3.00 per share, and for 2022/2023 it was PLN 2.00 per share.
AB Group benefits from global megatrends such as artificial intelligence, cybersecurity, digital transformation, “everything as a service” (XaaS), cloud computing, technological convergence, and the development of e-commerce. Additional IT investment is driven by new digital regulations – the AI Act, CSRD, and the NIS2 directive.
The IT market is also boosted by public tenders, including for the education sector (Digital Student, AI and STEM labs), healthcare, data centers, the SME sector, as well as uniformed services, NASK, and various government institutions.
Favorable macroeconomic forecasts for AB Group’s core operating markets – Poland, the Czech Republic and Slovakia – along with a stable economic environment, support the achievement of strategic goals.
AB Group has been continuously chosen as Distributor of the Year for 11 years in the prestigious CONTEXT study and regularly receives the highest number of industry awards, confirming its leading quantitative and qualitative market position. Additionally, according to EcoVadis, AB Group ranks among the top 12% of IT distributors globally in ESG performance.