Rosimuschestvo admitted a possible payment of 50% of net profit of Alrosa under IAS
Edited by Rhod Mackenzie / 2016-07-11 05:26:06
The norm of payment of 50% of net profit of Alrosa under IAS as dividends might be extended for 2016, the head of Rosimuschestvo, D. Pristanskov, said.
We agree with the position of the Ministry of Finance on the prolongation of the 50% rule of dividend payment for the next year, he said.
The new shareholders of Alrosa will be paid dividends for 2015, the President of Alrosa, S. Zharkov, said.
In 2015 Alrosa paid 50% of its net profit to its shareholders for the first time, according to the Government order.
The company’s dividend policy presupposes the payment of 35% of the net profit.
