Mechel shareholders at the annual meeting decided to spend 1.426 billion rubles to pay dividends for 2016 (10.28 rubles per premium share).
Thus the company will spend 20% of its 2016 profits on dividends.
In 2016 Mechel for the first time received profit of 7.1 billion rubles.
Last time Mechel paid dividends in 2011: 31.28 rubles per premium share and 8.06 rubles per ordinary share. (Ukrainian metal)
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