Russia's VTB recommends dividend equating to 15 pct of profit

MOSCOW Wed May 14, 2014 10:41am EDT

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MOSCOW May 14 (Reuters) - Russia's second-largest bank VTB said its supervisory council recommended a dividend for 2013 that equates to 15 billion roubles ($431 million), or 15 percent of its net profit.

The dividend is for 0.00116 roubles a share, while the previous year it paid a dividend of 0.00143 roubles. ($1 = 34.8182 Russian roubles) (Reporting by Megan Davies; Editing by Maria Kiselyova)