The recommendation of the Polyus board of directors on dividends for the 2nd half of 2021 did not come as a surprise

The board of directors of the gold mining company recommended on Thursday, April 22, to pay dividends for the 2nd half of 2021 in the amount of 387.15 rubles per ordinary share. The recommended dividend is equivalent to approximately $5.09 per common share, or $2.55 per depositary share. The total amount of recommended dividends for the 2nd half of 2021 will be approximately $693 million, which corresponds to 30% of the Company's EBITDA for the specified period, as provided for by Polyus' dividend policy. The amount of dividends and the date of closure of the register of shareholders are subject to approval at the annual general meeting of shareholders of the Company, which will be held on May 27, 2021.

Possibilities

PJSC Polyus is the largest gold mining company in Russia, which owns proven deposits of gold reserves that are in second place in the world. The company operates in several northern regions of the country, and annually increases the rate of production of the precious metal, constantly in need of equipment, qualified services and various consumables.

Tender purchases are represented in several areas indicated in the “Purchases” section of the official website.

Section categories that may be of interest to potential suppliers and contractors:

• "Services". The category presents various types of work, ranging from engineering and exploration activities to construction and installation work. All procedures are carried out on a competitive basis and have a convenient search form based on various criteria;
• "Spare parts". A specialized category aimed at purchasing spare parts for machinery and mining equipment. Most procedures are carried out by requesting quotations and proposals from suppliers;
• "Materials for resale." A small category in which various product items are purchased for the purpose of further market sale. The number of tenders is quite modest;
• "Equipment". The main item of the company's expenses. Here you can find procurement procedures for the acquisition of transport, mining, processing, and infrastructure equipment purchased for the ever-expanding needs of the enterprise;
• "Own production". Purchases from SMEs and SONCOs of various materials and equipment. Tenders are not posted here often;
• "Materials". The second category by the number of tenders, including electrical consumables, building materials, tools, fuels and lubricants and other items. Procurement is also often carried out by requesting quotations and proposals;
• "Buildings and constructions". A specific category for the acquisition of real estate for commercial and economic purposes;
• "Archive". An archive of completed procedures, including items from all of the above categories. It will be useful for analyzing the company's demand.

In addition to the procurement itself, the official website also contains other useful sections:

• "Sale of unclaimed property." Lists of current ongoing sales of illiquid items and a list of categories of goods planned for sale;
• "How to become a supplier." The section contains data on requirements for potential partners with a list of documents and an algorithm for starting cooperation;
• "Mediation board". A specially formed commission designed to resolve controversial situations and consider complaints received from suppliers and contractors;
• "Documentation". The section contains standard contracts, standards and regulations according to which the company makes purchases.

Dividends on Polyus shares in 2021 - size and register closure date

Home → Dividends→ Polyus Gold shares - forecast, payment history

A table with the full history of dividends of the Polyus company indicating the amount of payment, the date of closing the register and the forecast:

*Note 1: The Moscow Exchange operates on the T+2 trading system. This means that settlements for buying and selling shares occur within 2 business days. Therefore, to be included in the register of shareholders and receive dividends, you must be a shareholder 2 days before the cutoff.

*Note 2: Exact payout date varies by broker and issuer. The predicted earliest date for receipt of dividends to the brokerage account for the Polyus company: June 20, 2021.

Total dividends of Polyus Gold shares by year and changes in their size compared to the previous year:

The amount of dividends paid by Polyus Gold for the entire period is 2117.73 rubles.

Average amount for 3 years: 475.2 rubles, for 5 years: 392.1 rubles.

DSI indicator: 0.57.

You can buy Polyus Gold shares with minimal commissions from stock brokers: Finam and BCS. Free deposits and withdrawals. Online registration.

Brief information about the issuer Polyus (PJSC) JSC

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Calendar with upcoming and past dividend payments

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Search for purchases

Since the tender platform is represented exclusively by a third-party service - a procurement showcase on RTS-Tender - the search for procedures can be carried out both on the official website and directly on this ETP.

To search on the official website, just visit the “Purchases” section and in the search form that opens, indicate the required criteria for selecting positions. Such criteria may include:

• names of goods and services;
• OKPD2 codes;
• procurement categories;
• subsidiaries of the company acting as customers;
• type of information system;
• Search results sorting options.

The search form on the RTS-Tender procurement showcase is more convenient and allows you to additionally set the following criteria:

• rules of conduct. 44-FZ, 223-FZ, small or commercial purchases;
• price ranges and dates for procedures;
• supply regions;
• display of positions for SMEs.

Unclaimed property can only be found on the official website in the section of the same name.

Stock dynamics

Polyus shares as of 16:40 Moscow time grew by 0.5% to 15,714.5 rubles and competed with NLMK for the TOP-8 position in terms of trading volume among all shares of the Moscow Exchange. Stocks rose for the 6th day in a row. During the trading day, a maximum was formed at the level of 15,949 rubles. This is the maximum quote since the beginning of January.

However, by late afternoon the stock had given up most of its gains. The long upper shadow on the daily chart and overbought condition on the relative strength index (RSI with a period of 14 days) makes it doubtful that in the coming days it will be possible to stay above the 200-day MA, which was broken upward during trading on Wednesday.

How to become a supplier

The rules for participation in procurement procedures of PJSC Polyus are similar to many other companies conducting competitive procurement. The general algorithm for a new supplier is as follows:

1. Passing pre-qualification tests, if required by procurement conditions in a particular category.
2. Providing a package of scanned documents to confirm qualifications.
3. Filling out the counterparty's questionnaire to be included in the database of potential suppliers, among whom invitations to participate in the procedures are sent.

The above algorithm is required for large and specialized purchases in the field of supply of equipment and services.

Other procurements are successfully carried out on the RTS-Tender site and require simpler steps to get started:

1. Register on the ETP and fill out information about the official and organization.
2. Provide digital copies of documents confirming the entered data.
3. Sign the registration application previously received with a qualified digital signature.

Commentary "Opening Research"

Alexey Pavlov, PhD, chief analyst at Otkritie Broker for the Russian market:

“The preliminary size of the final dividend of $5.09 per share was already announced during the publication of Polyus’ consolidated financial results for 2021. So now, de facto, this figure has simply been converted into rubles at the current exchange rate. Let us remind you that Polyus’ interim dividends for the first half of 2020 amounted to 240.18 rubles per share, that is, in total for the year, shareholders of the gold miner can receive 627.33 rubles per share.”

Currently, the dividend yield on Polyus shares, based on all dividends paid over the last 12 months, is 3.08% (12-month dividend yield). The indicative dividend yield (based on the last dividend on an annualized basis) is 4.92%, taking into account the share price of 15,723 rubles at the time of calculation.

Polyus's policy involves payments on a semi-annual basis in the amount of 30% of EBITDA (IFRS), subject to the availability of net profit for the period. This is if net debt/adjusted EBITDA (last 12 months) is less than 2.5x. If the indicator is more than 2.5x, the board of directors may decide to pay dividends taking into account the Company's cash position, free cash flow, forecast for the next periods and market conditions.