Dividends for 2023
-
491.71tenge, the amount of dividends per ordinary share
-
300billion tenge, total dividends paid
Dynamics of dividends
based on the results of the reporting year
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|
The amount of dividends per ordinary share, tenge | 491,71 | 491,71 | 327,80 | 81,95 | 133,97 | 60,64 | 59,45 |
Total dividends paid, billion tenge | 300 | 300 | 200 | 50 | 82 | 37 | 36 |
On May 28, 2024, the general meeting of KMG shareholders decided to allocate 300 001 855 903.03 tenge for the payment of the dividends.
MoreThe objectives of the dividend policy are the optimal combination of the interests of shareholders, creditors, and the Company itself while respecting the rights of all interested parties, as well as the need to increase the value of the Company and its investment attractiveness.
The Board of Directors submits to the General Meeting of Shareholders a proposal on the procedure for distributing KMG's consolidated net income, calculated based on the consolidated Free Cash Flow for the past financial period and the amount of dividends per one ordinary share of the Company.
When determining the recommended amount of dividends, the Board of Directors has the right to take into account any factors, events, and actions that it considers necessary, including, but not limited to:
- the need for the Company to finance the cost of capital investments and investment projects in the future;
- the need to service debt;
- the need to maintain sufficient cash to maintain financial strength and investment-grade credit ratings;
- and other significant factors.