12 May 2011 17:29

Severstal may pay 3.9-ruble dividends for Q1

MOSCOW. May 12 (Interfax) - The board of directors at Russian steel major OJSC Severstal has recommended that shareholders vote in favor of 3.9-ruble dividends for the first quarter of this year, the company said in a statement.

The company's annual shareholder meeting is slated for June 27. The register closes on May 22, inclusive.