The board of directors of the Russian gold producer GV Gold has recommended that the shareholders approve payment of 2.238 billion rubles, or 40.6973 rubles per common share, in dividends for 2017, the company said in a statement on may 15.
The amount includes 12.731 rubles per share of interim dividends for January-June 2017.
The shareholders will consider the recommendation at an annual general meeting scheduled for June 25.
Board members Sergei Dokuchayev, Valerian Tikhonov, and Natalya Opaleva each hold 20.36% in the company. (Prime/Ukrainian metal)