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AK Alrosa OAO Recommends FY 2012 Dividend Payment-Interfax


Monday, 22 Apr 2013 03:08am EDT 

Interfax reported that the Management Board of AK Alrosa OAO at a meeting on April 22, 2013 recommended paying out RUB 1.11 per ordinary share in dividends for the fiscal year 2012, a 10% increase over the fiscal year 2011, the Company reported. Altogether, AK Alrosa OAO might shell out RUB 8.175 billion in dividends and leave the remainder of net profit, which totaled RUB 31.482 billion, at the Company's disposal. The Management Bboard wants to earmark approximately 32.5% of net profit, at RUB 25.182 billion (excluding revaluation of financial investments), for dividends. 

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