MHP approves payment of $80 mln in dividends

11:26, 17.03.2016 1 min read

MHP agro-holding, a large poultry producer in Ukraine, will pay $80 million of interim dividends or $0.7529 per share.

The company said on the London Stock Exchange (LSE) on Wednesday that the interim dividend of $0.7529 per share equivalent to approximately $80 million will be paid on March 31, 2016 (the dividend payment date) to the company's shareholders on the register as of March 29, 2016 (the dividend record date).

The Board of Directors approved that no dividend will be paid on the company's shares held in treasury.

The dividend payment will be subject to the deduction of Luxembourg withholding tax at the rate of 15%.

MHP is the largest poultry producer in Ukraine. It also deals with production of grain, sunflower oil, meat goods.