11.03.2020, 10:52
TCS Group Jumps 10.5% on Dividend News
Source: OREANDA-NEWS
OREANDA-NEWS. Paper TCS Group Holding, which includes Tinkoff Bank, grew by 10.5%, to ₽1250 per GDR, according to the Moscow Exchange as of 10:19 Moscow time.
On March 10, the board of directors decided to resume dividend payments and approved the first interim dividend payment for the year. Holders of securities will receive a dividend of $ 0.21 per share or GDR. One GDR corresponds to one share. The company will direct approximately $ 42 million in dividends.
The register of shareholders for dividends will be closed on March 27. The last day for the purchase of company securities on the Moscow Exchange for dividends is March 25. The company will pay dividends to its shareholders around March 30th.
In June 2019, TCS Group froze the payment of dividends until the end of 2019. The company explained this by the need to maintain credit growth and ensure the necessary level of capital.
On March 10, the board of directors decided to resume dividend payments and approved the first interim dividend payment for the year. Holders of securities will receive a dividend of $ 0.21 per share or GDR. One GDR corresponds to one share. The company will direct approximately $ 42 million in dividends.
The register of shareholders for dividends will be closed on March 27. The last day for the purchase of company securities on the Moscow Exchange for dividends is March 25. The company will pay dividends to its shareholders around March 30th.
In June 2019, TCS Group froze the payment of dividends until the end of 2019. The company explained this by the need to maintain credit growth and ensure the necessary level of capital.
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