Ukraine's Kernel aims to pay dividend starting from 2014

WARSAW, July 18 Thu Jul 18, 2013 1:14pm EDT

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WARSAW, July 18 (Reuters) - Ukrainian agricultural producer Kernel plans to pay a dividend for the first time starting from 2014 at $0.25 per share, the company said in a statement on Thursday.

The company reported a net loss of $3 million in the first quarter of the year compared with a profit of $37 million in the same period a year ago.

The shares have lost nearly 20 percent of their value since the start of 2013.

(Reporting by Dagmara Leszkowicz; Editing by Elaine Hardcastle)