PhosAgro will not refuse to pay dividends – Kommersant
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Russian fertilizer producer PhosAgro plans to continue paying quarterly dividends. This was announced by the Deputy General Director for Finance and International Projects of the company Alexander Sharabaiko.
“As for changing the dividend policy, we do not plan to make any changes. On the contrary, we plan to follow it. We do not plan to refuse dividends, we plan to continue the practice of payments quarterly,” said Mr. Sharabaiko during the Finam Premium broadcast (quote from TASS).
May 26 PhosAgro Board of Directors recommended to pay interim dividends in the amount of 264 rubles. per share. The meeting of shareholders, at which the decision must be approved, will be held on June 30 in absentia.
Against the background of the crisis caused by the entry of Russian troops into Ukraine and the subsequent sanctions, many large Russian companies refuse to pay dividends. Yesterday, June 6, the decision not to pay dividends was announced in Norilsk Nickel And “Pole”.
Read more about the decision of “Polyus” – in the material “Kommersant” “Dividends covered with sanctions”.
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