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ALROSA proposes higher dividend for FY'15

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ALROSA proposes higher dividend for FY'15

PJSC ALROSAsaid May 5 that its supervisory board approved a dividend of 2.09 Russian rublesper share for 2015, for a total payout of 15.38 billion rubles.

The dividend will be paid to shareholders registered as of July19, subject to approval at a June 30 shareholders meeting.

The compares to a dividend of 1.47 rubles per share the companyproposed for 2014.

As of May 5, US$1 was equivalentto 65.73 Russian rubles.