BAKU, Azerbaijan, May 19
By Nargiz Sadikhova - Trend:
Kazakhstan’s Kazatomprom National Atomic Company made a decision to pay a total of approximately 99 billion tenge ($2.3 million) worth of dividends, Trend reports with reference to the company.
The corresponding decision was made during an annual general meeting of shareholders held on May 18, 2020.
Kazatomprom said that based on the company’s Dividend Policy and 2019 financial results, shareholders approved a dividend payment for 2019 in the amount of 381.72 tenge (91.3 cents) per one ordinary share of Kazatomprom to be paid from 2019 earnings.
The 2019 dividend will be paid to shareholders of record as at 00:00 (GMT+6) on May 27, 2020, with payments to commence beginning on May 28, 2020.
Kazatomprom is the world's largest producer of uranium, with the company’s attributable production representing approximately 23 percent of global primary uranium production in 2018.
The company benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 13 mining assets. All the company’s mining operations are located in Kazakhstan.
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