— Investor Relations — Shareholders Equity — Shares — Dividends
Dividends
Dividends on ordinary non-documentary registered shares have been paid at a rate of 5% of the share’s face value (i.e. 0.5 ruble) since the year 2002.
Dividends on preference non-documentary convertible registered shares were paid at the same rate until their conversion into ordinary shares in the year 2005.
Dividends on preference non-documentary registered shares with fixed dividends have been paid at a rate of 20% of the share’s face value (i.e. 2 rubles) since 2001.
Declared dividend payments on bank’s shares, thousands of Rubles
Year | Ordinary non-documentary registered shares | Preference non-documentary convertible registered shares* | Preference non-documentary registered shares with fixed dividends | Total |
|---|---|---|---|---|
2002 | 5,624.38 | 999.97 | 2 589.01 | 9,213.35 |
2003 | 8,374.38 | 999.97 | 2 589.01 | 11,963.35 |
2004 | 9,374.35 | — | 2 589.01 | 11,963.35 |
2005 | 9,374.35 | — | 2 589.01 | 11,963.35 |
2006 | 10 374.35 | — | 2 589.01 | 12,963.36 |
2007 | 11 874.35 | — | 2 589.01 | 14 463.36 |
Dividends are paid by transferring the relevant amounts to current accounts of corporate shareholders and to personal accounts of individual shareholders according to the data of the Shareholders Register. In the case that banking details of individual shareholders are not available dividends are paid in cash at the bank’s offices.
Dividends are taxable for Russian residents at a rate of 9% and for non-residents at a rate of 15% unless agreements on avoiding double-taxation between Russia and non-residents’ country are applied and appropriate documents are presented.