Sberbank: Annual General Meeting of Shareholders of Sberbank of Russia resolved to pay dividends for 2011
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Annual General Meeting of Shareholders of Sberbank of Russia
resolved to pay dividends for 2011
04.06.2012 / 17:49
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Annual General Meeting of Shareholders of Sberbank of Russia resolved to
pay dividends for 2011
June 1 2012, Moscow - The Annual Meeting of Shareholders of Sberbank of
Russia approved recommendations by the Supervisory Board to pay dividends
for 2011 as 2.08 rubles per share for ordinary shares, 2.59 rubles per
share for preferred shares. On results for 2010 dividends amounted to 0.92
rubles and 1.15 rubles respectively.
Dividend yield on ordinary shares will be 2.17%, on preferred shares -
3.30%. Total payout of dividends for 2011 will amount over 47 billion
rubles.
Sberbank has significantly increased its share of net profit allocated to
pay dividends: it makes 15.3% of the Banks' net profit for the year
according to RAS (compared to 12.1% for 2010 and 10% in 2006-2009).
# # #
Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru
OJSC Sberbank of Russia is the largest bank in Russia, accounting for about
27% of the aggregate Russian banking assets and employing about 240,000
people. Founder and major shareholder of the OJSC Sberbank of Russia is the
Bank of Russia holding over 60% of the voting shares. The bank's other
shareholders comprise more than 245,000 legal entities and individuals. The
bank has the largest countrywide branch network with 17 regional head
offices and more than 19,000 outlets as well as subsidiary banks in
Kazakhstan, Ukraine and Belarus, a branch in India, and representative
offices in Germany and China.
The bank holds the general banking license No.1481 issued by the Bank of
Russia.
The official website is www.sberbank.ru
End of Corporate News
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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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172783 04.06.2012
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Annual General Meeting of Shareholders of Sberbank of Russia
resolved to pay dividends for 2011
04.06.2012 / 17:49
---------------------------------------------------------------------
Annual General Meeting of Shareholders of Sberbank of Russia resolved to
pay dividends for 2011
June 1 2012, Moscow - The Annual Meeting of Shareholders of Sberbank of
Russia approved recommendations by the Supervisory Board to pay dividends
for 2011 as 2.08 rubles per share for ordinary shares, 2.59 rubles per
share for preferred shares. On results for 2010 dividends amounted to 0.92
rubles and 1.15 rubles respectively.
Dividend yield on ordinary shares will be 2.17%, on preferred shares -
3.30%. Total payout of dividends for 2011 will amount over 47 billion
rubles.
Sberbank has significantly increased its share of net profit allocated to
pay dividends: it makes 15.3% of the Banks' net profit for the year
according to RAS (compared to 12.1% for 2010 and 10% in 2006-2009).
# # #
Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru
OJSC Sberbank of Russia is the largest bank in Russia, accounting for about
27% of the aggregate Russian banking assets and employing about 240,000
people. Founder and major shareholder of the OJSC Sberbank of Russia is the
Bank of Russia holding over 60% of the voting shares. The bank's other
shareholders comprise more than 245,000 legal entities and individuals. The
bank has the largest countrywide branch network with 17 regional head
offices and more than 19,000 outlets as well as subsidiary banks in
Kazakhstan, Ukraine and Belarus, a branch in India, and representative
offices in Germany and China.
The bank holds the general banking license No.1481 issued by the Bank of
Russia.
The official website is www.sberbank.ru
End of Corporate News
---------------------------------------------------------------------
04.06.2012 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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172783 04.06.2012