Severstal might pay $1 bln of special dividends from the sale of American assets
Edited by Rhod Mackenzie / 2014-07-30 09:18:07
The company’s net loss under IAS in H1 2014 made up $661 mln taking into account the non-monetary loss from the sale of the assets in the USA.
Severstal might pay $1 bln of special dividends from the sale of the American assets.
The Board of Severstal recommended dividends on the results of H1 2014 at the amount of 2.14 roubles/share. It is planned to approve this rate of dividends at the extraordinary general meeting of shareholders. The registry of shareholders that have the right to be paid dividends is suggested being closed on September 22nd.
