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Screenshot of a breaking news alert e-mail from Q2 2017
Russian exchange operator Moscow Exchange has announced that it has completed dividend payments for 2015. The total sum paid was RUB 16.2 billion (USD$ 253 million), representing 58.2% of 2015 consolidated net profit under International Financial Reporting Standards (IFRS).
The dividend was RUB 7.11 per ordinary share. A total of RUB 12.9 billion was paid out to the nominee holder (National Settlement Depository) by 27 May 2016, and all other shareholders received dividends by 20 June 2016.
The size of the dividend was approved at the company”s Annual General Meeting of Shareholders on 27 April 2016 in accordance with the recommendation of Moscow Exchange’s Supervisory Board. The record date was 16 May 2016.
According to the Moscow Exchange Dividend Policy approved in 2015, shareholders were entitled to dividends constituting at least 55% of the company”s net profit for 2015.
Moscow Exchange went public in February 2013 and is traded on its own trading platform under the ticker “MOEX”.