Severstal to pay RUB 37.3 per share in dividends

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AK&M 22 October 2020 23:13

The Board of Directors of Severstal recommended paying RUB 37.34 per ordinary share in dividend for the 3-month period ending on September 30, 2020, according to information from the company.

Approval of the dividend is expected to take place at the Company's EGM on November 27, 2020. November 2 is the record date for the meeting, November 8 is the dividend record date.

PAO Severstal (LSE: SVST, tax number: 3528000597) is an international mining and metallurgical company focusing on high value added products. The company has considerable experience of acquisitions and integrations of assets in North America and Europe. It also possesses mining enterprises in Russia providing the company's production assets with feed stock.