The Ukrainian Metal

Russia: Nornickel dividends for 2019 to reach $4.8 billion

The Norilsk Nickel board of directors has decided to hold the annual shareholders meeting as absentee ballot.

The meeting will take place on May 13.

The board recommends paying 557.2 rubles per ordinary share as final dividends for 2019 (around $7.3).

Thus, it is proposed to spend 8.2 billion rubles ($1.2 billion) to pay dividends.

Taking into account interim dividends for 6 and 9 months of 2019 ($3.6 billion), the total amount of recommended dividends for 2019 will reach $4.8 billion. (Ukrainian metal)

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