The Norilsk Nickel board of directors has recommended the shareholders meeting to set 2018 dividends at 792.52 rubles per ordinary share (some $12.25) and the record date as June 21.

The company intends to spend 125.4 billion rubles ($1.939 billion) to pay dividends.

Taking into account the interim dividends for H1 2018 ($1.8 billion), the overall amount of dividends will be $3.739 billion. (Ukrainian metal)

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