SQM proposes payment of final dividend
2017-04-19 08:45:45 【Print】
BEIJING (Asian Metal) 19 Apr 17 - Sociedad Química y Minera de Chile S
Said amounts of US$0 . 20248 per share related to the dividend discussed above shall be paid in the equivalent in Chilean national currency according to the value of the "Observed Dollar” or "US Dollar” that appears published in the Official Gazette on April 28, 2017.
. A . (SQM) announced that the Board of Directors of SQM met in an extraordinary board meeting to recommend to the shareholders at the next Annual General Shareholders’ Meeting (“Shareholders’ Meeting”) to be held on April 28, 2017, the payment of a definitive dividend representing 100% of the 2016 net income of the Company . Therefore, and subject to the approval at the Shareholders meeting, the Company shall pay a final dividend of US$1 . 05735 per share as a result of the distributable net income obtained during 2016 . Nevertheless, the amount of US$0 . 85487 per share must be deducted from the final dividend, which was already paid as a provisional dividend . The balance, in the amount of US$0 . 20248 per share, shall be paid and distributed to Company’s shareholders who are registered with the respective registry on the fifth business day before the day on which the final dividend payment shall be made.
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