Alrosa to base dividends on free cash flow - Ministry

By Reuters      / June 26, 2018 / www.miningweekly.com / Article Link

MOSCOW – Russian State-controlled diamond miner Alrosa will base its dividend payments on free cash flow rather than net profit starting from 2018, the Finance Ministry said on Tuesday.

The company's dividend payouts will not be lower than 50% of net profit, the ministry added.

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