Severstal owners approve 35.61 rbl/share in dividends for Jul–Sep

MOSCOW, Nov 27 (PRIME) -- The shareholders of Russian steelmaker Severstal have approved paying 35.61 rubles per share in dividends for July–September, as seen by PRIME on Monday in materials of the company.

The record date for the dividends is December 5.

In 2016, Severstal paid 24.96 rubles per share, or a total of 20.91 billion rubles, in dividends for July–September. The company also paid 22.28 rubles per share or 18.66 billion rubles in dividends for April–June 2017, and 24.44 rubles per share or 20.5 billion rubles in dividends for January–March 2017.

Alexei Mordashov, chairman of the board of directors of Severstal, holds 79.2% in the company.

(58.5318 rubles – U.S. $1)

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