PhosAgro to pay RUB 4.27 billion in dividends

AK&M 02 October 2020 14:14

At their extraordinary meeting, the shareholders of PJSC PhosAgro decided to pay RUB 4.27 billion in dividends (RUB 33 per ordinary share), the company informed.

The payments will be made out of the retained net profit accumulated as of June 30, 2020. October 15 was set as the dividend record date.

PJSC PhosAgro (tax number: 7736216869) is a Russian vertically integrated company, a global leader in the production of phosphorus-containing mineral fertilizers. PhosAgro's Global Depositary Receipts are listed on the LSE and the Russian stock exchange.

Adjusted IFRS net profit of PJSC PhosAgro for 2019 decreased by 11.2% to RUB 37.062 billion from RUB 41.748 billion a year earlier. Net profit amounted to RUB 49.408 billion against RUB 22.135 billion. Revenue increased by 6.3% to RUB 248.1 billion, EBITDA went up 0.9% to RUB 75.6 billion.