R/€ = 16.32 Change: -0.01
R/$ = 14.35 Change: 0.00
Au 1249.82 $/oz Change: 1.46
Pt 791.18 $/oz Change: -1.83
 
 
R/€ = 16.32 Change: -0.01
R/$ = 14.35 Change: 0.00
Au 1249.82 $/oz Change: 1.46
Pt 791.18 $/oz Change: -1.83
 
 
BACK

Ferrexpo shareholders rewarded with special dividend

6th December 2018 BY: Creamer Media Reporter

London-listed Ferrexpo has rewarded its shareholders with a special interim dividend of 6.6c a share, as premiums for high-quality iron-ore pellets remain high.

The company has generated sufficient cash to reduce its debt and to fund its capital expenditure requirements, it said on Thursday, announcing that it would return $40-million to shareholders in the form of a special interim dividend.

Advertisement

In 2017, Ferrexpo declared a special interim dividend of 3.3c a share, or $20-million.

The miner, which operates in Ukraine, stated that its board would consider the final dividend for 2018 ahead of the full-year results on March 20, 2019. 

Advertisement
EDITED BY: Mariaan Webb Creamer Media Senior Researcher and Deputy Editor Online
EMAIL THIS ARTICLE SAVE THIS ARTICLE ARTICLE ENQUIRY