On August 26, the supervisory board of ALROSA issued a recommendation to pay interim dividends for the first half of 2023, the company's press service reports.
ALROSA's profit (according to IFRS) for the first half of the year amounted to 55.57 billion rubles ($581 million). In accordance with the current dividend policy of the company, 50% of its profit is allocated as dividend payments. The total amount of dividend payment attributable to shareholders in the first half of 2023 is 27.77 billion rubles, or 3.77 rubles per share.
In May 2023, the supervisory board of ALROSA issued a recommendation before the general shareholders meeting not to pay final dividends for 2022. Taking into account external factors of uncertainty, such a decision helped increase the financial stability of the company, ALROSA notes.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished