The Ukrainian Metal

Russia: Nornickel pays $1.86 billion of dividends for H1 2018

Norilsk Nickel has paid 122.78 billion rubles ($1.86 billion) of dividends for the first half of 2018.

Rusal (owning 27.8%) is still receiving dividends, even though it has been hit by US sanctions.

In November 5 Rusal reported that it had already received $402 million from Nornickel.

According to Nornickel, these are dividends for 2017, paid in July-August.

H1 2018 dividends for Rusal should be about 34 billion rubles ($520 million). (Ukrainian metal)

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