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Ferrexpo share price dividend
when taking into account debt repayments and development capital expenditure. Ferrexpo has a diversified customer base supplying steel mills in Austria, Slovakia, the Czech Republic, Germany and other European states, as well as in China, India, Japan, Taiwan and South Korea. Ferrexpo is pleased to announce a special dividend.3 US cents per share. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for 40 years. In 2016, it produced.2 million tonnes of pellets reflecting a 2 increase in production of the Groups highest quality pellets to a record.5 million tonnes. Together with the strong demand outlook for pellets in 2018, this has given the Board confidence to declare this dividend. The Company has continued to trade strongly since it announced its half-year results on 3 August, and its cash flows have further reduced net debt and funded capital expenditure. The Boards strategy is to maintain a balance between sustainable and attractive shareholder returns, investment in growth opportunities and balance sheet strength. The Group is currently the 3rd largest exporter of pellets to the global steel industry and the largest exporter of pellets from the Former Soviet Union. For further information contact: Ferrexpo: Ingrid McMahon, maitland: James Isola, notes to Editors: Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine.
Ferrexpo Share Price, datafeed and UK data supplied by NBTrader and Digital Look. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. The dividend will be paid in UK Pounds Sterling, with an election to receive in US Dollars.
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While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. The special dividend will be paid on to shareholders on the register at the close of business on 15 December 2017. . For further information, please visit. If appropriate, the Group will target special dividends of approximately US40 million per financial year (or a total.6 US cents per share) to be paid at an appropriate time in its reporting cycle. Ferrexpo is listed on the main market of the London Stock Exchange under the ticker fxpo. We are currently the 3rd largest exporter of pellets globally, oUR how to do forex trading operations, operating from a long life, well invested and efficient asset base, oUR mining, wE ARE.