Ferrexpo PLC has declared an interim dividend of 13.2 US cents per Ordinary Share in respect of the 2022 financial year.
The interim dividend announced today reflects the continued operational performance by the Ferrexpo business and favourable market demand for the Group's iron ore products. The Group continues to closely monitor the availability of the logistics network in Ukraine, however, noting the complex and changeable nature of the current operating environment for both the supply of key consumables and delivery of products to customers.
This is the first dividend announced by the Group in respect of the 2022 financial year. Today's news follows the announcement of the final dividend for the 2021 financial year, which has been submitted for approval by shareholders at the Group's Annual General Meeting, which is to be held on 15 June 2022.
The interim dividend announced today will be paid on 28 June 2022 to the Group's shareholders on the register as at the close of business on 10 June 2022. It will be paid in UK Pounds Sterling, with an election to receive in US Dollars.