Polyus board to consider dividend on Oct. 23
Oct 21 (Reuters) -Russian gold miner Polyus' board of directors will consider a dividend payment for the first nine months of 2024 on Oct. 23, the company said on Monday, as gold prices XAU= hit a fresh record.
"...The total amount of dividends could amount to 30% of the Company`s adjusted EBITDA for the last four quarters (9M 2024 and 4Q 2023), which is in line with Polyus' current dividend policy," it said in a statement.
The decision will be subject to shareholder approval.
The company last pay dividends for the first half of 2021, when its total payout amounted to 36.4 billion roubles ($379.56 million).
($1 = 95.9000 roubles)
Reporting by Reuters
Editing by Mark Potter
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