20 Jun 2014 20:06

LSR Group to double dividend for 2013, to 40 rubles per share

ST. PETERSBURG. June 20 (Interfax) - Shareholders in the LSR Group voted at their annual shareholders meeting to accept a dividend for 2013 of 40 rubles per ordinary share, the developer said in a statement.

This is double the 20 rubles paid on each 0.25-ruble preferred share for 2012.

The overall payout for 2013 is just over 4.21 billion rubles.

Net profit to Russian Accounting Standards (RAS) grew 2.4-fold last year to 7.61 billion rubles.