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Kernel to pay traditional USD 0.25 in DPS

Kernel to pay traditional USD 0.25 in DPS

12 December 2017

Ukrainian sunflower oil producer Kernel (KER PW)
announced that its annual general meeting of shareholders approved on Dec. 11 a
dividend of USD 0.25 per share (implying a dividend yield of 1.7%). The meeting
delegated the Kernel board to set a record date and a payment date for the
dividend. In its annual report, Kernel wrote that the board recommended that
shareholders approve USD 0.25 in DPS.

 

Alexander Paraschiy: Kernel paid
the same dividend per share over the last three years so it’s no surprise that
the company’s AGM approved the same payment. Traditionally, Kernel paid its
annual dividend in April of the next year so we expect that to happen this
time.

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