Holders of preferred shares of Asia Steel OJSC have received dividends for the third quarter. The payout was calculated at 19% per annum of the share's par value of 4,000 KGS.
Quarters are counted from the date the issue was first placed, not from the start of the calendar year. This is the third quarterly payment: dividends for the first and second quarters were transferred in July.
Funds were credited to holders whose rights are recorded in the Envoys Vision Digital Exchange depository. Payment can be checked in the Namba One app — the same place where the shares were bought.
Dividends on preferred shares are paid quarterly by resolution of the general meeting of shareholders out of the company's net profit. The declared guideline is up to 19% per annum of par value; returns are not guaranteed and share prices may rise as well as fall.