Mittal to get $935 million dividend
New
Delhi,
Jan
22,
2008
:
Billionaire
steel
baron
Lakshmi
Mittal
will
get
a
hefty
dividend
package
of
$935.5
million
this
year
by
virtue
of
his
stake
in
the
world's
largest
steel
producer
Arcelor
Mittal.
According to the Company"s dividend payment schedule for 2008, four quarterly payments of $0.375 per share in the months of March, June, September and December, would be made. Mittal, who holds 623.62 million shares of the firm, is slated to get $233.85 million at each payout.
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Story first published: Tuesday, January 22, 2008, 15:57 [IST]