Sibur Board Recommends 29.2B RUB Dividends for First Half
In the first quarter, the issuer paid shareholders 6.74 billion rubles, and by the end of the first half of the year, the company's dividends will total 29.2 billion rubles.
Consensus
- The board of directors of Sibur Holding recommended dividend payments for the first half of the year.
- The total amount recommended for dividend payments is 29.2 billion rubles.
- The dividend payout per ordinary share is 11.4 rubles.
- The dividend payment date is set for 12 October.
- The company's net profit for the first half of the year was 67.7 billion rubles, a 54% decrease compared to the same period last year.
- The company is not a publicly traded company, and its shares are not traded on the stock exchange.
- The company's charter capital consists of 2.56 billion ordinary shares with a nominal value of 10 rubles each.
Points of divergence
- The board recommended dividends for the second quarter only, amounting to 8.77 rubles per share and 22.48 billion rubles total. — vedomosti
- The board recommended dividends for the first half of the year as a single payment, not split between quarters. — kommersant
- The company's adjusted net profit excluding exchange rate differences increased by 22.9% year-on-year. — vedomosti
- The company's dividend policy requires payouts between 30% and 50% of net profit under IFRS. — kommersant
Coverage (2 sources)
- Board of Directors of Sibur Recommended Dividends for Q2 — Ведомости
- The Board of Directors of SIBUR recommended paying dividends for the first half of the year — Коммерсантъ