UKTMK to Pay Dividends on Preferred Shares for 2025

Kazakhstani titanium and magnesium producer Ust-Kamenogorsk Titanium-Magnesium Plant JSC has announced plans to pay dividends for fiscal year 2025. Holders of preferred shares will receive 550 tenge per share, while no dividend is planned for common shareholders. The total preferred dividend payout will amount to roughly 59.35 million tenge, with disbursement scheduled for September 2, 2026. For investors holding the company's preferred shares on KASE, this confirms its consistent dividend policy, while the absence of common share dividends may signal a preference for reinvesting profits into production.