Raspadskaya Proposes First Dividend in 2 Years

Raspadskaya, the coal producer that suffered fatal blasts at its biggest mine in 2010, proposed its first dividend in more than two years after higher prices for the steelmaking material boosted earnings. The board recommended a first-half dividend of 5 rubles a share, totaling 3.9 billion rubles ($140 million), the Kemerovo-based company said Tuesday in a statement. That exceeds the 3.75 ruble interim payout in April 2008, the largest […]