ALROSA to Pay Record Dividends of $618 Million For 2017
June 25, 18
(IDEX Online) – ALROSA shareholders have approved the distribution for 2017 of 38.59 billion rubles (approximately $618 million) in dividends.
According to the consolidated financial statements of PJSC ALROSA and its subsidiaries prepared in conformity with IFRS Standards, the net profit, net of income attributable to the non-controlling interest, amounted to 77.075 billion rubles (approximately $1.23 billion) in 2017. Of this, 50.07% will be allocated for the payment of dividends.
The dividend payout is the largest in the history of the company.