Cherkizovo board suggests paying 85.27 rbl/share in H1 dividends

MOSCOW, Aug 18 (PRIME) -- The board of directors of Russian meat producer Cherkizovo Group has recommended paying 85.27 rubles per share in dividends for January–June, the company said in a statement on Wednesday.

The shareholders will consider the issue at an extraordinary general meeting on September 22. The record date for the dividends is October 3.

The core shareholder of the company is the family of founder Igor Babayev, while Spain’s Grupo Fuertes owns 8%, and free-float amounts to around 2.4%

(73.4753 – U.S. $1)

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