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8.3 Stock market
8.3.1 Dividends dynamics
Iron ore pellet producer Ferrexpo has doubled its interim dividend payout
after topping analysts’ expectations for first half core earnings on the back of a global rise in the price of the pellets it churns out for the steel industry. The company said on Friday that earnings before interest, taxes, depreciation and amortization (EBITDA) rose 59% in the six months ended June 30 compared to the same period a year ago, to total $372mn (£307.6mn).
47 UKRAINE Country Report August 2019 www.intellinews.com