At the Kazanorgsintez annual meeting Apr. 23 the 2013-dividends were affirmed at 0.3458 rub./common and 0.25 rub./preferred stock, the company informed.
The coverage will demand 647.2mln rub. in total or 30% out of the 2013-net profit. The 2012-dividends were paid up in the total volume of 985.47mln rub.
The Company (TIN 1658008723) is a producer of polyethylene and other petrochemical products. It is included into TAIF Group.
The share capital is equal to 1.9bn rub. split in 1785.114mln common (93.72%) and 119.596mln preferred stocks (6.28%) of 1 rub. par.
The 2013 net profit dropped (RAS) 34% to 2.157bn rub.; revenues moved up 1.5% to 46.134bn rub.
The 2012-net profit (IAS) rallied up 18 fold to 3.298bn rub. from 183mln rub.; revenues moved up 22% to 22% to 45.467bn rub. from 37.116bn rub.; pretax profit - 10.7 fold to 4.053bn rub. from 379mln rub.
"AK&M", 17:50, 23.04.2014 1251 AKM,COR