Polyus’s board can recommend paying $462 mln in Jul–Dec ’19 divs

MOSCOW, Feb 11 (PRIME) -- The board of directors of Russian gold producer Polyus plans to recommend paying U.S. $462 million in dividends for July–December 2019, the company said in a statement on Tuesday.

“Basing on the current number of shares, the expected amount of dividends is $3.5 per common share. The amount of dividend payments for the entire 2019 is thus $804 million,” the company said.

Polyus earlier paid 162.98 rubles per share in dividends for January–June; 131.11 rubles per share in dividends for January–June 2018 and 147.12 rubles per share in final dividends for the year.

Tycoon Said Kerimov holds 82.44% in Polyus.

(63.7708 – U.S. $1)

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