UPDATE 1-Russia's Sberbank recommends 3.20 roubles/share dividend

Fri Apr 11, 2014 10:31am EDT

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(Adds 2012 level)

MOSCOW, April 11 (Reuters) - The board of Russia's largest bank Sberbank has recommended a 2013 dividend payout of 3.20 roubles a share for its preferred and ordinary shares, its CEO German Gref said on Friday.

For 2012, Sberbank paid a dividend of 2.57 roubles a share for its ordinary shares and 3.20 roubles a share for its preferred shares. (Reporting by Oksana Kobzeva, writing by Megan Davies)

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