Brazilian steelmaker Companhia Siderurgica Nacional (CSN) said late this week it will pay dividends following increased net profit in Q2.
CSN said it will pay BRL 412.6 million ($99.4 million) to stockholders, following increased net profits of BRL 1.89 billion ($455.6 million) in Q2 this year. At the time, the company saw net profit rise 59 percent, year-on-year.
CSN said it will pay BRL 0.29 ($0.07) per share in dividends.