CEO: MTS management to offer divs above 29.5 rbl in 2021

MOSCOW, Mar 4 (PRIME) -- The management of major Russian mobile operator MTS will recommend paying 2021 dividends of over the 29.5 rubles per share distributed in 2020, President Alexei Kornya told reporters on Thursday.

“We plan to recommend a bigger volume of dividends in the context of our dividend policy …The dividend per share stands at 29.5 rubles, we’ll recommend a higher dividend per share this year in view of our expected strong results and robust 2020 performance,” Kornya said.

In 2020, MTS 20.57 rubles per share in final dividends for 2019 and 8.93 rubles for January–June 2020.

(73.5187 rubles – U.S. $1)

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