Mittal to get $935 million dividend

By Staff
|
Google Oneindia News


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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