7 Nov 2012 13:54

CTC board of directors approves $20.6 mln dividend tranche

MOSCOW. Nov 7 (Interfax) - The board of directors of CTC Media has approved dividend payouts at $0.13 per share in the fourth quarter, totaling around $20.6 million, the company said in a statement.

CTC Media plans to pay out dividends by December 28. The list of shareholders with the right to receive dividends will be compiled on December 1.

Combined dividends in 2012 will therefore come to about $80 million.