OREANDA-NEWS  On 13 October was announced, that Nikopol Ferroalloys (PFTS: NFER) is going to use 95% of its retained profits for 2001-2007 for dividends pay-out, which makes UAH 116 mn. The general meeting of the company held October 8, made this decision.

The balance of the retained profit the shareholders decided to forward to the company reserve fund.

The dividends per one share will amount to nearly UAH 0.075, i.e. less than 2% of the security market price.

The dividends are to be paid out from October 15, 2008 till October 15, 2009.