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TCS Group approves 2nd interim dividend, Q1 profit rises YOY

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TCS Group approves 2nd interim dividend, Q1 profit rises YOY

TCS Group Holding Plc said its directors approved a second interim gross dividend for 2018, amounting to 24 cents per share/global depositary receipt, in line with the company's policy.

The total value of the payment under the second interim dividend will amount to about $43.8 million. Subject to London Stock Exchange regulations, the dividend will be payable June 21 to shareholders on the register as of June 15. The ex-dividend date will be June 14, according to the company.

The group, which includes JSC Tinkoff Bank, reported a net income of 5.7 billion Russian rubles for the three months ended March 31, up from 3.4 billion rubles a year earlier.

As of May 30, US$1 was equivalent to 62.28 Russian rubles.