Krasnoarmyiska-Zakhidna Mine to Pay 23.44% of 2005 Net Income in Dividends.
29 September 2008
The mine’s (SHCHZ: BUY) shareholders voted to pay 23.44% of SHCHZ’s 2005 net income or UAH 76.4m (UAH 0.09 per share) in dividends at their AGM this morning. A dividend yield of 5.4%. The dividend and ex-dividend date are on October 2. In 2005, the company voted to pay 88.76% of its net income (UAH 47m) from 2004 as dividend Krasnoarmyiska-Zakhidna was listed on the PFTS on September 19.
