The dividend amount is approved by the General Shareholders’ Meeting, as recommended by the Supervisory Board.
According to its Charter, the Bank pays dividends on preferred shares at 11% of their nominal value.
If the Bank fails to declare dividends on preferred shares at the Shareholders’ Meeting, or declares dividends in a lesser amount, owners of preferred shares are entitled to voting rights (similar to those for owners of ordinary shares). This voting right shall be valid till the dividend payment occurs.
According to the Federal Law, the dividend payment to the persons registered in the shareholders' register shall be paid within 25 business days from the date on which the persons entitled to dividends were determined.
Declared dividends on ordinary shares | Declared dividends on preferred shares | RUB thousands | Declared dividends as percentage of net profit | ||||
| RUB thousands | As per one share | RUB thousands | As per one share | ||||
| 2021* | 5 309 325 | 11.81 | 4 422 | 0.22 | 5 313 747 | 29.39 (acc. to IFRS) | 29.35 (acc. to RAS) |
| 2020 | 2 168 527 | 4,56 | 4 422 | 0.22 | 2 172 949 | 20.07 (acc. to IFRS) | 19.85 (acc. to RAS) |
| 2019** | 1 583 596 | 3.33 | 4 422 | 0.22 | 1 588 018 | 20.09 (acc. to IFRS) | 27.62 (acc. to RAS) |
| 2018 | 1 808 826 | 3.71 | 2 211 | 0.11 | 1 811 037 | 20.02 (acc. to IFRS) | 34.89 (acc. to RAS) |
*Including 6M 2022 dividends
**Including 9M 2020 dividends
The dividend amount is approved by the General Shareholders’ Meeting, as recommended by the Supervisory Board.
According to its Charter, the Bank pays dividends on preferred shares at 11% of their nominal value.
If the Bank fails to declare dividends on preferred shares at the Shareholders’ Meeting, or declares dividends in a lesser amount, owners of preferred shares are entitled to voting rights (similar to those for owners of ordinary shares). This voting right shall be valid till the dividend payment occurs.
According to the Federal Law, the dividend payment to the persons registered in the shareholders' register shall be paid within 25 business days from the date on which the persons entitled to dividends were determined.
Declared dividends on ordinary shares | Declared dividends on preferred shares | RUB thousands | Declared dividends as percentage of net profit | ||||
| RUB thousands | As per one share | RUB thousands | As per one share | ||||
| 2021* | 5 309 325 | 11.81 | 4 422 | 0.22 | 5 313 747 | 29.39 (acc. to IFRS) | 29.35 (acc. to RAS) |
| 2020 | 2 168 527 | 4,56 | 4 422 | 0.22 | 2 172 949 | 20.07 (acc. to IFRS) | 19.85 (acc. to RAS) |
| 2019** | 1 583 596 | 3.33 | 4 422 | 0.22 | 1 588 018 | 20.09 (acc. to IFRS) | 27.62 (acc. to RAS) |
| 2018 | 1 808 826 | 3.71 | 2 211 | 0.11 | 1 811 037 | 20.02 (acc. to IFRS) | 34.89 (acc. to RAS) |
*Including 6M 2022 dividends
**Including 9M 2020 dividends
