AGM of Sberbank of Russia Resolved to Pay 2011 Dividends
OREANDA-NEWS. June 7, 2012. The Annual General Shareholders’ Meeting of Sberbank of Russia approved recommendations of the Supervisory Board to pay out 2011 dividends – 2.08 rubles per one common share and 2.59 rubles per one preferred share. The 2010 dividends were 0.92 and 1.15 rubles, respectively.
Dividend yield was 2.17 % for common shares and 3.30 % for preferred shares. Total 2011 dividend payments will reach over 47 bn. rubles.
Sberbank significantly increased the share of net earnings allocated for dividend payment to 15.3 % of the Bank's annual net earnings under RAS (against 12.1 % in 2010 and 10 % in 2006-2009).
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