Severstal shareholders approved H1 dividend of 1.52 rubles a share

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Severstal shareholders approved H1 dividend of 1.52 rubles a share

MOSCOW. Sept 28 (Interfax) - Shareholders in Russian steelmaker OJSC Severstal accepted a dividend of 1.52 rubles per share for the first half of 2012, the company said.

First-quarter 2012 dividends were 4.07 rubles per share.

The record date for the H1 dividends was August 10.

Severstal has 837,718,660 issued shares, so the overall payout for the half will be 1.27 billion rubles.

Severstal paid dividends for Q1 2011 (3.9 rubles), for Q2 2011 (4.37 rubles), for Q3 2011 (3.36 rubles) and for Q4 2011 (3.56 rubles).