print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Novolipetsk Steel press releases

Novolipetsk Steel

September 30, 2016

NLMK Group to pay 55% of 2Q’16 net profit in dividends

NLMK shareholders at the Extraordinary General Shareholder Meeting (EGM) held on 30 September 2016, approved payment of 2Q’16 dividends of RUB 6,473 m, or RUB 1.08 per share (-4% qoq and +16% yoy), which is equivalent to 55% of NLMK Group’s net profit or 64% of the Company’s free cash flow based on its 2Q’16 IFRS consolidated results.

The date upon which the shareholders entitled to 2Q’16 dividends will be determined was set as 12 October 2016.

1H’16 dividends will amount to RUB 13,245 m (-14% yoy), which is equivalent to 84% of NLMK Group’s net profit or 47% of the Company’s free cash flow based on its 1H’16 IFRS consolidated results.

Dividend yield* on 2Q’16 dividends will total 7.5%.

*Dividend yield is calculated as the sum of dividends for the past 12 months, divided by the sum of the company’s market capitalization on the last day of the relevant period, yoy.

For more information about NLMK Group’s dividend policy please go to NLMK’s site.

For more information about dividend yield please follow the link.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer