28 Feb 2012 13:35

CTC Media plans to pay $80 mln in dividends in 2012

MOSCOW. Feb 28 (Interfax) - Media holding CTC Media, which includes the television channels CTC, Domashny, and Perets, plans to pay its shareholders $80 million in dividends this year.

"The board of directors currently intends to pay aggregate cash dividends of $80 million in 2012 and has declared a cash dividend of $0.13 per share (or approximately $21 million in the aggregate) to be paid on or about March 30 to shareholders of record as of March 15, 2012, with further dividends anticipated in the remaining quarters of 2012," a company statement says.