Stirol (STIR ? BUY) To Distribute 23% Of 2004 Net Income As Dividends
10 May 2008
The dividend per share will be USD 0.71, providing a dividend yield of USD 4.3%. The remainder of net income will be used to fund capacity development. The company’s net income totaled USD79.9mn last year, a 117% increase yoy, due to favorable market conditions for nitrogen fertilizers worldwide. Net revenues grew by 43%.
