Russia Evraz proposes final '07 dividend $4.2/share

MOSCOW, April 17 (Reuters) - Russian steel maker Evraz Group HK1q.L on Thursday said its board will recommend shareholders approve a final 2007 dividend payment of $4.20 per common share or $1.40 per Global Depositary Receipt (GDR).

When added to the interim dividend, this gives a total for the year of $9 per common share or $3 per GDR, Evraz said in a statement.

Shareholders will vote on the dividend payment at the company's annual meeting scheduled for May 15.

In 2006, Evraz paid dividends of $5.25 per share or $1.75 per GDR. (Reporting by Tanya Mosolova; Editing by Robin Paxton and David Holmes)