NLMK’s board recommends Apr-Jun divs at 3.2 rbl per share

MOSCOW, Jul 28 (PRIME) -- The board of directors of steelmaker Novolipetsk Steel (NLMK) has recommended paying 3.2 rubles per share in dividends for April-June, the company said in a statement on Friday.

The recommendation will be considered by an urgent meeting of shareholders on September 29.

The record date is October 12.

NLMK paid 6.473 billion rubles, or 1.08 rubles per share, in dividends for April-June 2016.

(59.4102 rubles – U.S. $1)

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