Large dividends of Pipe Metallurgic Company. It for a long time?

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On Friday board of directors Pipe Metallurgic Company recommended to pay as dividends for the I half-year 2021 17,71 rub on an action. Total amount of payments will make 18,297 billion rubles. For date of closing of auctions Thursday it corresponded 24,4% of dividend profitability. News according to dividends provoked sharp growth in actions. To flowing the moment of the quotation about 45%, and for dive added growth exceeded 60%. Let's try to understand the reasons of so high payments and to estimate, whether payments in the future will remain. Financial performance we Will estimate a financial condition of Pipe Metallurgic Company and ability to support level of payments. In 2020...
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JSC ChelPipe
Main activity:Metallurgy and metal processing
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