7 May 2019 11:35

Board of directors of OGK-2 recommends paying out 0.037 rubles per share in dividends for 2018

MOSCOW. May 7 (Interfax) - The board of directors of OGK-2 has recommended paying out 0.037 rubles per share in dividends for 2018, the company said.

This represents a total payout of 3.9 billion rubles (36% of the OGK-2's net profit to Russian Accounting Standards, or 50% to International Financial Reporting Standards).

The company's annual general meeting will take place in St. Petersburg on June 11. The list of persons with the right to receive dividends will be determined on June 28.

Dividend payouts for 2017 totaled 1.73 billion rubles (26% of net profit to RAS).

OGK-2's charter capital is divided in 110.441 billion shares with a face value of 0.3627 rubles apiece.