MD Medical Group to pay interim dividends
MOSCOW. Sept 2 (Interfax) - MD Medical Group (MDMG), which owns the Mother and Child network of clinics, will be paying interim dividends, the company said in a press release, citing a decision by its board of directors.
The board of directors will decide on the size of the recommended dividend based on the results for the first half.
"We highly appreciate the long-standing support and trust of our investors. In return, we have achieved strong results and aim to share our success with the shareholders, including by increasing investment returns. It is natural therefore that today the Board of Directors passed this important resolution. Because we care about our shareholders, we plan to pay dividends twice as often - not only for the full year, but also following the results of the first six months of the year," CEO Mark Kurtser is quoted in the press release as saying.
MDMG paid 6.66 rubles per share of a total of 500 million rubles in dividends for 2015, the biggest dividends in its history. It paid 4.01 rubles per share or 300 million rubles for 2014 and $0.13 and $0.07 per share for 2012 and 2013 respectively, or a total of $9.76 million and $5.26 million.
