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Kazatomprom Recommends 2024 Dividend Payment

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An announcement from National Atomic Company Kazatomprom JSC GDR RegS ( (NATKY) ) is now available.

Kazatomprom has announced a recommended dividend payment of KZT 1,264.12 per ordinary share for 2024, totaling approximately KZT 327.9 billion, which represents 75% of its free cash flow. The dividend proposal is subject to shareholder approval at the upcoming Annual General Meeting scheduled for May 27, 2025, with payments expected to begin on July 17, 2025. This announcement reflects the company’s strong financial performance and commitment to returning value to shareholders.

More about National Atomic Company Kazatomprom JSC GDR RegS

Kazatomprom is the world’s largest producer of uranium, accounting for approximately 21% of global primary uranium production in 2024. The company operates 27 deposits in Kazakhstan using ISR technology and focuses on health, safety, and environmental standards. Kazatomprom’s primary customers are nuclear generation operators, with major markets in China, South and Eastern Asia, Europe, and North America.

YTD Price Performance: -17.16%

Average Trading Volume: 82

Technical Sentiment Signal: Buy

Current Market Cap: $7.81B

For a thorough assessment of NATKY stock, go to TipRanks’ Stock Analysis page.

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