Board of Norilsk Nickel has approved dividends-2015

​On June 10th at the annual meeting of shareholders of MMC Norilsk Nickel the dividends for 2015 were approved at the rate of 230.14 rubles/general share.

Previously the meetings of the shareholders of MMC Norilsk Nickel on September 14th 2015 and December 19th 2015 approved the payment of dividends on the results of 6 months at the rate of 305.07 roubles /general share and 9 months 2015 at 321.16 roubles/general share.

Thus the total volume of dividends for 2015 makes up 857.16 roubles/general share that fully meets the goal.

Now we start another 3-year period. We still plans to keep the best in the sector dividend profitability saving simultaneously our stable financial state on the background of the fall in the market. New goals of dividend payments for 2016 will depend on the level of the debts and make up a certain stake of EBITDA. The management is sure that the flexibility concerning the dividend payments is sufficient to support the balanced financial model, successful realization of investment projects and execution of social obligations of the company, the President, chairman of MMC Norilsk Nickel, V. Potanin, said.