Alrosa will allocate 35% of net profit to dividends
Edited by Rhod Mackenzie / 2013-11-29 09:30:44
On Friday, the Alrosa Supervisory Council has agreed the changes to the statute about the company’s dividend policy. In accordance with them, now Alrosa will allocate not less than 35% of net profit by ISA to dividend payment in 2014, i.e. for 2013.
Earlier the company’s dividend policy presupposed minimum dividend payment of 10% of net profit by RAS. They also concerned the governmental recommendations; in particular, in 2012 Alrosa paid record dividends of 8.175 that shared 24.3% of net profit by ISA, or 32.5% of net profit by RAS.
