Dividend Growth of Mechel PAO(MTL)

Mechel PAO has a 5 year average dividend yield of 0.8%

Mechel PAO (NYSE:MTL) rose 4.99% or 0.28 points on Thursday and made its way into the gainers of the day. After trading began at $5.97 the stock was seen hitting $6 as a peak level and $5.83 as the lowest level. The stock ended up at $5.89. The daily volume was measured at 509,888 shares. The 52-week high of the share price is $6.83 and the 52-week low is $1.46. The company has a market cap of $1,226 million. Mechel PAO has lost 2% in the last five trading days and dropped 6.66% in the last 4 weeks. Mechel PAO has dropped 10.89% during the last 3-month period . Year-to-Date the stock performance stands at 2.79%.

Currently the company Insiders own 36.34% of Mechel PAO shares according to the proxy statements. Institutional Investors own 7.02% of Mechel PAO shares.

Mechel OAO is a leading Russian company whose business consists of two segments: mining and steel, comprising facilities in Russia, Romania and Lithuania. In addition, Mechel owns two trade ports, a railway and an energy company. The mining segment comprises production and sale of coal (coking and steam), iron ore and nickel, which supplies raw materials to their steel business and also to third parties. The steel business comprises production and sale of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products including hardware, stampings and forgings. Mechel is the second largest producer of long products in Russia, and the largest and most comprehensive producer of specialty steels and alloys in Russia. The company also produces coke, both for internal use and for third parties. The Power segment engages in the generation and sale of electricity and heat power. Mechel is headquartered in Moscow.


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