Nizhny Tagil Iron & Steel Works to pay out dividends for the first half of 2005.
JSC Nizhny Tagil Iron & Steel Works (Sverdlovsk region) intends to pay out dividends for the first half of 2005 at the rate of 2,29 rubles per share at par value of 1 ruble.
Company"s authorized capital is 1,31 billion rubles. Therefore, the volume of dividends payments can reach 3 billion rubles.
Nizhny Tagil Iron & Steel Works ranks five among Russian steel producers.
Company"s net earnings for the year 2004 made up US$2,06 billion, EBITDA doubled to come to US$673 million.
Company"s authorized capital is 1,31 billion rubles. Therefore, the volume of dividends payments can reach 3 billion rubles.
Nizhny Tagil Iron & Steel Works ranks five among Russian steel producers.
Company"s net earnings for the year 2004 made up US$2,06 billion, EBITDA doubled to come to US$673 million.