In case of reduction of dividend payment by Norilsk Nickel, investors can worsen their attitude towards the company
Edited by Anonymous / 2013-08-09 11:15:21
A. Khalikov, the analyst of Veles Capital
Bloomberg reports that the shareholders of Norilsk Nickel have started discussion of possible change in the volume of dividend payment due to fall in prices for non-ferrous metals. Nickel, sharing 47% in total revenue, has cheapened by 24% to $13,980 per ton. Copper (26%) cheapened by 10% to $6,920 per ton. Palladium (16%), increased in price by 12% to $747 per troy ounce.
