10 May 2011 19:22

Mechel set to pay 8.7 rubles per ordinary, 26.2 rubles per preferred share for 2010

MOSCOW. May 10 (Interfax) - The board of directors of Mechel has recommended a dividend for 2010 equal to 8.73 rubles ($0.47) per ordinary and 26.21 rubles ($0.95) per preferred share, the company said in a statement.

The board approved the recommendation at a meeting on May 10.

RTS$#&: MTLR