The meeting of the Polyus shareholders has determined the payment of dividends for the first half of 2018 in the amount of 131.11 rubles per ordinary share.
According to the company statement, the total amount is 17.35 billion rubles, or $235.2 million. This corresponds to 30% of EBITDA in H1.
The date upon which the shareholders entitled to H1 dividends would be determined was set as October 18.
Polyus is the largest manufacturer of gold in Russia. Its key assets are in Krasnoyarsk region, Yakutia, as well as Magadan and Irkutsk regions. (Ukrainian metal)