At a meeting on October 27, NLMK Group’s Board of Directors recommended the company’s shareholders to approve payment of Q3 dividends of RUB 5.13 per share at the upcoming Extraordinary General Shareholder Meeting (EGM) to be held on December 22.
Q3 dividend yield will total 15.5%.
NLMK Board of Directors has also recommended that the shareholders set the date upon which the shareholders entitled to Q3 dividends to be determined as January 9, 2018.
The list of persons entitled to participate at the EGM will be compiled on the basis of the NLMK Shareholder Register as of November 27.
Previously, at the Extraordinary General Shareholder Meeting on September 29, NLMK shareholders approved payment of Q2 dividends of RUB 3.2 per share.
Aggregate Q1 and Q2 dividends amount to RUB 5.55 per share. (NLMK/Ukrainian metal)
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