Dividends
Segezha Group Board of directors approved dividend policy on April 9, 2021.
Dividend policy
Dividend policy overview1:
|
|
2021 - 2023 |
2024+ |
|
Dividend base |
Fixed payment |
Adj.FCF2: |
|
Payout |
RUB 3.0-5.5 bn per annum |
75%-100% of adj.FCF2: |
|
Frequency |
At least annually |
|
| Conditions |
The Group aims to maintain sustainable capital structure and meet financial liabilities |
|
1 – Full list of terms and conditions can be found in Dividend policy
2 – Adj. Free Cash Flow is defined as Net cash generated by operating activities less Net cash used in investing activities less Lease liability payments under IFRS
1 – till Dec 28, 2021 LLC “GC “Segezha”
The size of the dividend may not exceed the amount recommended by the Board of Directors of the Company.
Dividend history for shares
|
The period for which dividends are distributed |
Date of decision-making by the General Meeting of Shareholders |
Record date |
Total amount of declared dividends (RUB) |
The amount of the dividend per share (RUB) |
| 12М 2021 | May 21, 2022 | June 02, 2022 | 10,041,600,000 | 0.64 |
| 9М 2021 | December 29, 2021 | January 08, 2022 | 6,589,800,000 | 0.42 |
|
2020* |
June 29, 2021 |
- |
- |
* The decision to pay dividends based on the results of the 2020 reporting year has not been taken.