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Sberbank recommends dividend on 2015 results
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them
Street Talk Episode 66 - Community banks tap the debt markets while the getting is good
PAO Sberbankof Russia said April 12 that its supervisory board recommended adividend for 2015 of 1.97 Russian rubles per share, for both ordinary andpreferred shares.
This payout was an increase from the dividend of 0.45 ruble per share.
For 2015, the bank reported a net profit of 222.9 billion rubles, down from290.3 billion rubles in 2014.
As of April 11, US$1was equivalent to 66.78 Russian rubles.