December 24, 2008 / 2:34 PM / 11 years ago

Russia may ask state firms to cut '08 divs - RIA

MOSCOW, Dec 24 (Reuters) - Russia’s government may recommend state companies to reduce dividend payments for 2008, RIA news agency quoted the head of Russia’s property fund Yuri Petrov as saying on Wednesday.

“If a decision is taken to reduce the dividend to support companies amid crisis, then we will implement it,” he said without elaborating about companies, which could be told to reduce their payouts. (Reporting by Dmitry Zhdannikov; editing by Gleb Bryanski)

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