Reuters logo
MEDIA-KGHM CEO: easier to consider dividend with current copper prices
March 14, 2017 / 7:32 AM / 6 months ago

MEDIA-KGHM CEO: easier to consider dividend with current copper prices

KGHM Polska Miedz S.A.:

* It is somewhat easier for Europe’s No.2 copper producer KGHM to consider paying out a dividend with the current level of copper prices than it was five months ago, Chief Executive Radoslaw Domagalski-Labedzki told Parkiet daily

* “KGHM is a dividend paying company and we want shareholders to maximise the benefits from owning our shares,” he said

* The company plans to update its strategy on April 30

* KGHM has reasons to believe that 2017 will be better in terms of copper prices than 2016, but the improvement will not be large enough to consider larger investment, Domagalski-Labedzki said (Reporting by Marcin Goettig; Editing by Lidia Kelly)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below