Globaltruck board of directors recommends no dividends for 2019

MOSCOW, Jun 11 (PRIME) -- The board of directors of Russian cargo carrier Globaltruck has recommended paying no dividends for 2019 and leaving the net profit of 101.978 million rubles undisbursed, the company said in a statement on Thursday.

The company also paid no dividends for 2018, but paid 1.72 rubles per share in dividends for January–March 2019.

Cyprus-based GT Globaltruck Limited owns 61% in Globaltruck, while the Russian Direct Investment Fund and its co-investors have a 19.4% stake, and other shareholders have a combined stake of 19.6%.

(68.6183 rubles – U.S. $1)

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