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Mobil'nye TeleSistemy OAO's Board of Directors to Consider FY 2012 Dividend Recommendations on April 29-Interfax


Thursday, 25 Apr 2013 02:14am EDT 

Interfax reported that Mobil'nye TeleSistemy OAO's Board of Directors will on April 29 take up the issue of dividend policy and issue recommendations to the Company shareholders regarding dividends for the fiscal year 2012. Mobil'nye TeleSistemy OAO plans to tie dividends to free cash flow and increase the payout in 2012-2014 by an average of 25% compared with 2009-201. The Company's Vice President for Finances and Investments, Mr. Alexei Kornya, has said dividends for last year will be at least RUB 18.3 per share, or RUB 37.8 billion overall. The Company paid RUB 14.7 dividends for the fiscal year 2011, RUB 14.5 dividends for the fiscal year 2010, and RUB 15.4 dividends for the fiscal year 2009. 

Company Quote

18.45
-0.97 -4.99%
29 Aug 2014