A source close to Norilsk Nickel reveals that the company, a key industrial player in the Kola Peninsula, is likely to pay shareholders 20-25 percent of its 2011 net dividends. That will be good money for the company´s main shareholders – Interros (28%) and Rusal (25%) which will get respectively about €265 million and €236 million.
The dividends come in addition to the €6.8 billion spent by the company on stock repurchase, Vedomosti reports.
According to General Director Gennady Strzhalkovsky, Norilsk Nickel in 2011 made a net profit of about €3.8 billion). The 20-25 percent of dividends is in line with the company´s dividend policy, the newspaper writes.
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The Norilsk Nickel is with its subsidiary Kola GMG the biggest industrial company in Murmansk Oblast. Two major industrial centers are based respectively in Pechenga, the municpality on the border to Norway and Finland, and in Monchegorsk.
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