Распадская (логотип) Лидер угольного рынка России
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DIVIDENDS

In order to increase the investment attractiveness of the Company and ensure maximum transparency to all stakeholders regarding its financial policy, the Board of Directors has adopted a dividend and leverage guidance.

 

The dividend payout recommendation will be based on the actual financial performance and strength of the balance sheet of PAO Raspadskaya and its subsidiaries, taking into account the outlook for coal prices, the Board’s view of the long-term stability and growth prospects of the business as well as future capital investment requirements.

 

The Company intends to declare dividends semi-annually on the basis of the consolidated IFRS financial statements in the amount of:

* not less than 100% FCF, if Net Debt/EBITDA is less than 1.0

* not less than 50% FCF, if Net Debt/EBITDA is above 1.0

In order to ensure the strength of the balance sheet and long-term stability, the Company will target to maintain Net Debt/EBITDA below 2.0x throughout the cycle.

 

Dividend payout history record

 

Period

Record date

Payment decision date

Dividend amount per 1 share, RUB.

Total announced dividend amount,  RUB

2016

Dividends were neither passed nor paid.

2017

2018

1H 2019

20.10.2019

30.09.2019

2,5

1 707 147 249,88

2019

08.06.2020

19.05.2020

2,83

1 932 490 686, 87

1H 2020

15.10.2020

25.09.2020

2,7

1 843 719 029, 88

2020

07.06.2021

18.05.2021

5,7

3 794 683 338

1H 2021

04.10.2021

23.09.2021

23

15 311 880 135,9

25.08.2016
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