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Norilsk Nickel May Spend $1 bln on 2009 Dividend - Paper
MOSCOW, Feb. 26 -- Russian metals giant Norilsk Nickel (GMKN.MM: Quote) may spend $1 billion -- or half of the company's 2009 net profit -- on dividend payout, the daily Vedomosti reported on Friday.
The newspaper, citing sources close to the company's two major shareholders, Vladimir Potanin's holding group Interros and aluminium producer UC RUSAL (0486.HK: Quote), reported that involved parties are in negotiations over the size of the payment.
This would be Norilsk's first annual dividend payout in two years.
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