Cherkizovo’s directors recommend paying dividends for 2019, 2020

MOSCOW, Mar 3 (PRIME) -- The board of directors of Russian meat producer Cherkizovo Group has recommended paying 13.58 rubles per ordinary share in dividends from undisbursed profit for 2019 and 120.42 rubles per share in final dividends for 2020, the company said in a statement on Wednesday.

The record date for the dividends is April 5.

Core shareholders of the company are the family of founder Igor Babayev, while Spain’s Grupo Fuertes owns 8%, and free-float amounted to around 2.4%.

(74.5755 rubles – U.S. $1)

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