A decision was taken at PJSC ALROSA’s Annual General Meeting of Shareholders held recently, pertaining to dividend  payout. As per the decision, 100% of free cash flow available for the second half-year of 2018 will be allocated for paying the period-end dividend amounting to RUB 30.3 billion.

“Taking into account the dividend paid for the first half-year of 2018 (RUB 43.7 billion or RUB 5.93 per one share), the total dividend for 2018 will amount to RUB 73.9 billion or RUB 10.04 per one share,” explained ALROSA. “Thus, the total of 80% of free cash flow for 2018 is allocated for dividends.”

The approved record date for the list of shareholders entitled to dividend for 2018 has been set as July 15, 2019.

The total year-end dividend for 2018 is a record-breaking one throughout ALROSA’s history, the Company noted.