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
2019 - - 2211 0.11 2211 0.03 (acc. to IFRS) 0.04 (acc. to RAS)
2018 1 808 826 3.71 2211 0.11 1 811 037 20.02 (acc. to IFRS) 34.89 (acc. to RAS)
2017 809 277 1.62 2 211 0.11 811 488 10.83 (acc. to IFRS) 20.02 (acc. to RAS)
Declared dividends on ordinary shares Declared dividends on preferred shares Declared type A convertible preferred shares RUB thousands Declared dividends as percentage of net profit 
RUB thousands As perone share RUB thousands As per one share RUB thousands Dividends as of placement price in USD
2016 461 532 1.05 2 211 0.11 463 743 10.84 (acc. to IFRS) 20.21 (acc. to RAS)
2015 459 313 1.05 2 211 0.11 461 524 12.75 (acc. to IFRS) 20.23 (acc. to RAS)
2014 887 842 2.02 2 211 0.11 890 053 18.56 (acc. to IFRS) 19.98 (acc. to RAS)
2013 48 351 0.11 2 211 0.11 50 562 0.76 (acc. to IFRS) 1.50 (acc. to RAS)
2012 33 079 0.11 2 211 0.11 832 092 13.5% 867 382 66.54 (under IFRS) 99.80 (under RAS)
2011 33 079 0.11 2 211 0.11 782 532 13.5% 817 822 13.90 (under IFRS) 24.29 (under RAS)
2010 31 037 0.11 2 211 0.11 760 360 13.5% 793 608 19.29(under IFRS) 52.21 (under RAS)
2009 31 037 0.11 2 211 0.11 795 707 13.5% 828 955 78.8 (under RAS)
2008 31 073 0.11 2 211 0.11 33 248 1.20 (under IFRS) 1.06 (under RAS)
2007 39 501 0.14 2 211 0.11 41 712 3.70 (under IFRS) 3.71 (under RAS)