Polymetal International plc announced today that the Board of Directors of the Company has resolved to pay an interim dividend of $ 0.17 per share for the six months ended 30 June 2018 representing 50% of the Group’s underlying net income for the H1 2018 and in compliance with the hard ceiling of Net debt/Adjusted EBITDA ratio.
This will bring the total dividend declared in 2018 to US$ 0.47 per ordinary share, or US$ 213 million and the dividend yield to 4.7% since the beginning of the year calculated based on an average share price in 2018.
Polymetal International plc is a leading precious metals mining group operating in Russia, Kazakhstan and Armenia listed on the London Stock Exchange and Moscow Stock Exchange. The company is a member of FTSE 250 и FTSE Gold Mines. Polymetal has a portfolio of eight producing gold and silver mines and an impressive pipeline of future growth projects.
Written with material from Polymetal International Plc