Gold and tin producer Seligdar will pay investors dividends for the period from January to September 2023 at the rate of 2 rubles. per share. The dividend yield will be 2.44%. In total, the company will allocate 2.06 billion rubles for payments, should from a message published on the website of the Corporate Disclosure Center.
Seligdar clarified that it plans to make payments from retained earnings for previous years. The list of shareholders who are entitled to dividends will be determined on December 3. Nominee shareholders and trustees registered in the shareholders register will receive money within 10 working days. Payments will be sent to other persons registered in the register within 25 working days, the company explained.
Against the backdrop of the news, Seligdar shares fell in price by 16:00 Moscow time to 81.84 rubles. Compared to the price at the close of the main trading session the day before, the value decreased by 1.58%. The Moscow Exchange index amounted to 3253.97 points (-0.04%). Since the beginning of the year, the company’s quotes have increased by 87.7%, the benchmark – by 51.04%.
The gold miner previously released its nine-month earnings report. From January to September, the manufacturer earned a total of 37.5 billion rubles. – 88% more year on year. Of these, 32.9 billion rubles. – proceeds from the sale of gold. Compared to the same period in 2022, the figure increased by 115%.
In May “Seligdar” posted debut “gold” bonds worth 11 billion rubles. volume of 2.2 million securities, or 92.76% of the GOLD01 series issue. The quarterly coupon rate for the entire circulation period of the securities was 5.5% per annum. At the end of August Moscow Exchange turned on shares of Seligdar into the calculation base of its main index and the RTS index.