Severstal will increase its investment program by more than 60% in 2024

Severstal will increase its investment program by more than 60% in 2024

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Severstal will pay dividends

On February 2, the Severstal Board of Directors recommended paying dividends for 2023 in the amount of 191.5 rubles per share (in total, about 160.4 billion rubles could be allocated for payments – Vedomosti). The last time the company paid dividends for the first nine months of 2021 was 85.93 rubles. per share. Severstal became the first Russian company from the ferrous metallurgy sector to announce final dividends for 2023. At the end of 2022, Severstal, NLMK, MMK did not pay dividends, Norilsk Nickel, UC Rusal, and gold miners Polyus also did not distribute profits ” and Polymetal.

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