The board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for January-June, the company said in a statement.
The shareholders will discuss the recommendation at an extraordinary meeting scheduled for August 27. The record date for the dividends is October 1.
The company paid 224.2 rubles per share, or a total of 35.479 billion rubles, in dividends for January-June 2017 and 607.98 rubles per share or 96.21 billion rubles in final dividends for 2017.
Interros of Vladimir Potanin owns 34.15% in Norilsk Nickel, while aluminum giant UC RUSAL of Oleg Deripaska has a 27.82% stake. (Prime/Ukrainian metal)