ArcelorMittal announces dividend payment schedule for 2014

Fri Feb 7, 2014 5:21am EST

* Reuters is not responsible for the content in this press release.

Luxembourg, 7 February, 2014 - ArcelorMittal today announces the dividend payment schedule for 2014. The schedule includes: the amount of the dividend; the ex-dividend; record and payment dates, as well as the date on which the foreign exchange rate is fixed to determine the value in Euros of the dividend, which is announced in US dollars.

All data included in this schedule is subject to shareholder approval.

The schedule is available on ArcelorMittal's website http://corporate.arcelormittal.com/
under Investors > Equity investors > Dividends  

Detailed dividend payment schedule for 2014
In 2014 the payment of the annual dividend will occur according to the following schedule. All data included in this schedule are subject to shareholder approval.

The yearly gross dividend per share amounts to 0.20 US$ per share, subject to shareholder approval at the company's Annual General Meeting on 8 May 2014. The payment of 0.20 US$ per share will occur on 15 July 2014.

The dividend is announced in US$ and paid in US$ for shares listed on the New York Stock Exchange and paid in Euros for shares listed on the European Stock Exchanges (Netherlands, France, Spain, Luxembourg). The dividend to be paid in Euros is converted from USD to Euros based on the European Central Bank exchange rate mentioned in the table below.

A Luxembourg withholding tax of 15% is applied on the gross dividend amount.

                        USA, Netherlands, France, Spain, Luxembourg
        Announcement date                                                  May 08 2014 
                Ex-dividend                                                  May 12 2014
                Record date                                                  May 14 2014
               Payment date                                                  July 15 2014
FX exchange date May 09 2014

About ArcelorMittal

ArcelorMittal is the world's leading steel and mining company, with a presence in more than 60 countries and an industrial footprint in over 20 countries. Guided by a philosophy to produce safe, sustainable steel, we are the leading supplier of quality steel in the major global steel markets including automotive, construction, household appliances and packaging, with world-class research and development and outstanding distribution networks.

 

Through our core values of sustainability, quality and leadership, we operate responsibly with respect to the health, safety and wellbeing of our employees, contractors and the communities in which we operate.

 

For us, steel is the fabric of life, as it is at the heart of the modern world from railways to cars and washing machines. We are actively researching and producing steel-based technologies and solutions that make many of the products and components we use in our everyday lives more energy-efficient.

 

We are one of the world's five largest producers of iron ore and metallurgical coal and our mining business is an essential part of our growth strategy. With a geographically diversified portfolio of iron ore and coal assets, we are strategically positioned to serve our network of steel plants and the external global market. While our steel operations are important customers, our supply to the external market is increasing as we grow.

 

In 2012, ArcelorMittal had revenues of $84.2 billion and crude steel production of 88.2 million tonnes, while iron ore production reached 55.9 million tonnes.

 

ArcelorMittal is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MT), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS).

 

For more information about ArcelorMittal please visit: www.arcelormittal.com.

 

 

Contact information ArcelorMittal Investor Relations
Europe + 352 4792 3198
Americas +1 312 899 3985
Retail + 44 203 214 2417
SRI + 44 203 214 2854
Bonds/Credit + 33 171 92 10 26
Contact information ArcelorMittal Corporate Communications
E-mail: press@arcelormittal.com
Phone: +352 4792 5000
ArcelorMittal Corporate Communications
Sophie Evans (head of media relations) +44 20 3214 2882
Laura Nutt +44 20 7543 1125
United Kingdom
Maitland Consultancy:
Martin Leeburn + 44 20 7379 5151
France
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Sylvie Dumaine / Anne-Charlotte Creach + 33 1 5370 7470



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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ArcelorMittal S.A. via Globenewswire

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