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Mobil'nye TeleSistemy OAO to Recommend that Board of Directors Increase Dividend-AK&M


Thursday, 15 Nov 2012 07:00pm EST 

AK&M reported that Mobil'nye TeleSistemy OAO intends to recommend that the Board of Directors increase the dividend by at least 25% to approximately RUB 114 billion for 2012-2014 against RUB 91 billion for 2009-2011. In 2012-2014, the Company may pay about RUB 18,3 per share as dividends. The dividend payout decision has yet to be approved by the Board of Directors and upheld at the annual general meeting due H1 2013. 

Company Quote

17.66
-0.33 -1.83%
2:33pm EDT