PJSC ROSSETI Board of Directors, having met via videoconferencing on May 29th, 2018, recommended the shareholders to approve the decision to spend 2.468 billion rubles as payment for dividends of the first quarter of 2018 at the Annual meeting.
It is recommended to pay dividends on Company's preference shares in monetary terms from net income of the Company by results of the 1st quarter of 2018 in amount of 0.04287 rubles per one preference share of stock and 0.011965 rubles per one common share of stock for Company's common shares by results of the 1st quarter of 2018.
"Implementation of a series of measures to increase operation and investment effectiveness of the power grid complex allows us to pay interim dividends in amount of 2.468 billion rubles as of operation results of the 1st quarter of 2018. This decision is supported by the Government of the Russian Federation. The Company aims for translation increase in payment of dividends to our shareholders", - noted Pavel Livinskiy, Director General of PJSC ROSSETI.
The decision on payment of dividends shall be voted on at the Annual meeting of shareholders on June 29th, 2018.
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