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Rossiyskiye zheleznye dorogi OAO recommends FY 2013 dividend payment-Interfax

Tuesday, 17 Jun 2014 01:56am EDT 

Rossiyskiye zheleznye dorogi OAO:The board of directors at Rossiyskiye zheleznye dorogi OAO (RZD) has recommended that 185 million Russian rubles or 25 percent of 2013 year's net profit to Russian Accounting Standards (RAS) be paid as dividends to the company's sole shareholder, the state, RZD said in a statement-Interfax.The decision was reached on June 16.Net profit to RAS was 740 million rubles last year.The 25 percent payout is in keeping with the government's recommendations for dividend payments by government-related companies. 

Company Quote

-0.05 -0.04%
19 Dec 2014