The shareholders of Russian steelmaker Severstal have approved paying 35.61 rubles per share in dividends for July-September.
The record date for the dividends is December 5.
In 2016, Severstal paid 24.96 rubles per share, or a total of 20.91 billion rubles, in dividends for July–September. The company also paid 22.28 rubles per share or 18.66 billion rubles in dividends for April-June, and 24.44 rubles per share or 20.5 billion rubles in dividends for January-March.
Alexei Mordashov, chairman of the board of directors of Severstal, holds 79.2% in the company. (Prime/Ukrainian metal)