trending Market Intelligence /marketintelligence/en/news-insights/trending/JEyVb3yi0xQOVRJ53yHRJQ2 content esgSubNav
In This List

Severstal board recommends Q3 dividend of 35.61 rubles per share

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch

Blog

Insight Weekly: CEO pay jumps; yield curve inversion deepens; wind giants lift turbine prices


Severstal board recommends Q3 dividend of 35.61 rubles per share

The board of directors at PAO Severstal recommended that shareholders approve a dividend of 35.61 Russian rubles per share for the three months that ended Sept. 30.

Shareholders will vote on the dividend at a Nov. 24 extraordinary meeting, Severstal said Oct. 17. If approved, the dividend will have a Dec. 5 record date.

In July, the Russian steel producer proposed a dividend of 22.28 rubles per share for the first half of 2017.

As of Oct. 16, US$1 was equivalent to 57.26 Russian rubles.