Lenzoloto recommends dividends-2015 only on preferred shares
Edited by Rhod Mackenzie / 2016-05-19 05:22:00
Finance Metals and mining Russia Russia mineral extraction Dividends Financial results Russia Metals and Mining Gold
The Lenzoloto’s Board of Directors has recommended its shareholders to pay dividends for 2015 only on preferred shares in the amount of 690.15 rubles on paper, the register to receive dividends will be closed on July 11, the company reports on Thursday.
It is proposed not to pay dividends on ordinary shares of Lenzoloto for 2015 fiscal year. On the whole, it is recommended to spend 239.965 million rubles for the dividend payment, the Board of Directors recommends not to distribute the remaining part of the profit in the amount of 3.238 billion rubles.
