The board of directors of the Russian gold producer Polymetal International has recommended paying $0.2 per share in dividends for January-June, the company said in a statement on August 27.
The dividends would account for 50% of the net profit for the period.
Polymetal paid $0.17 per share in dividends for January-June 2018 and $0.31 per share in dividends for 2018.
ICT Group of tycoon Alexander Nesis owns about 27% in Polymetal, while PPF Group NV of Petr Kellner owns 13%, and tycoon Alexander Mamut and his family owns 10%. More than 50% in Polymetal is free-float. (Prime/Ukrainian metal)