At a time when aluminium is trading close to six-year lows, market premia are correcting, dividends from Norilsk Nickel are under pressure and other miners are thinking of a dividend cut/freeze, Rusal’s management is deliberating its first dividend payment since the company’s listing in 2010. After a strong Q1 15 – primarily on the back of the record weakness in the Russian rouble – the momentum has continued for most of Q2 15 as well. Although the rouble pared some of
17 Sep 2015
Continuous deleveraging revives prospect of Rusal’s first ever dividend
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Continuous deleveraging revives prospect of Rusal’s first ever dividend
Russel Metals Inc. (RUS:TSE) | 0 0 0.7% | Mkt Cap: 1,915m
- Published:
17 Sep 2015 -
Author:
Varun Sikka -
Pages:
3
At a time when aluminium is trading close to six-year lows, market premia are correcting, dividends from Norilsk Nickel are under pressure and other miners are thinking of a dividend cut/freeze, Rusal’s management is deliberating its first dividend payment since the company’s listing in 2010. After a strong Q1 15 – primarily on the back of the record weakness in the Russian rouble – the momentum has continued for most of Q2 15 as well. Although the rouble pared some of