Dividend Policy of PJSC ROSSETI
The Dividend Policy of PJSC ROSSETI is based on the strict observance of the shareholder rights provided by the applicable laws of the Russian Federation and the Articles of Association and internal documents of the Company and is oriented toward making the Company more attractive to investors and raising its market capitalization.
On December 22, 2017, the Board of Directors of the Company approved the Regulations for Dividend Policy of PJSC ROSSETI.
On June 18, 2018, the Board of Directors of the Company approved the Amendments to the Regulations for Dividend Policy of PJSC ROSSETI.
| Dividend Payment History of PJSC ROSSETI | |||||
|---|---|---|---|---|---|
| Year of Dividend Payment | Share Type | Declared Dividends per Share, rubles | Amount of Declared Dividends, rubles | Amount of Paid Dividends, rubles | Percentage of Paid Dividends1 |
| 2008 | Not paid | ||||
| 2009 | Not paid | ||||
| 2010 | Not paid | ||||
|
20112 (at year-end 2010) |
ordinary shares | — | — | — | — |
| preference shares | 0.05 | 103,757,469.20 | 100,143,255.05 | 96.52 | |
|
20123 (at year-end 2011) |
ordinary shares | — | — | — | — |
| preference shares | 0.07 | 145,260,456.88 | 139,879,386.23 | 96.3 | |
|
20134 (at year-end 2012) |
ordinary shares | — | — | — | — |
| preference shares | 0.08 | 166,011,950.72 | 159,906,875.79 | 96.3 | |
|
2014 (at year-end 2013) |
Not paid | ||||
|
2015 (at year-end 2014) |
Not paid | ||||
|
2016 (at year-end 2015) |
Not paid | ||||
|
2016 (at first quarter- end of 2016) |
ordinary shares | 0.00831813 | 1 630 316 703.16 | 1 628 162 314.40 | 99.9 |
| preference shares | 0.07452614 | 154 652 853.55 | 148 070 833,48 | 95.7 | |
|
2017 (at year-end 2016) |
ordinary shares |
0.006214460 |
1 235 607 752.24 |
1 235 607 752.24 |
99.8 |
| preference shares |
0.368355281 |
764 392 240.17 |
733 477 772.64 |
96.0 | |
|
2018 (at year-end 2017) |
Not paid | ||||
|
2018 (at first quarter- end of 2018) |
ordinary shares |
0.011965 |
2 378 975 610.26 |
2 375 868 781.42 |
99.9 |
| preference shares |
0.04287 |
88 961 647.07 |
85 076 712.61 |
95.6 | |
1 Dividends were paid to all of the persons included on the dividend payee list, excluding the persons failing to provide such accurate and complete details as necessary for dividend payment.
2 Dividend payment based on performance results in 2010 was terminated on September 12, 2014 (pursuant to Article 42 of Federal Law No. 208-FZ of December 26, 1995, "On Joint-Stock Companies").
3Dividend payment based on performance results in 2011 was terminated on September 15, 2015 (pursuant to Article 42 of Federal Law No. 208-FZ of December 26, 1995, "On Joint-Stock Companies").
4 Dividend payment based on performance results in 2012 was terminated on October 01, 2016 (pursuant to Article 42 of Federal Law No. 208-FZ of December 26, 1995, "On Joint-Stock Companies").
