MOSCOW, Feb 22 (PRIME) -- The Russian government will presume that state companies will pay dividends of at least 50% of the net profit, while natural monopolies will pay dividends taking into account their dividend programs, according to the documents seen by PRIME on Friday.
The principle for dividend calculation was stated as “to pay at least 50% of the net profit of a company in dividends; as regards the companies which are natural monopolies, the amount of dividends must include the need to allocate part of the profit to investment programs.”
Contribution of the dividends to the state budget was set at 588.3 billion rubles in 2019, 626.1 billion rubles in 2020 and 675.2 billion rubles in 2021.
(65.5401 rubles – U.S. $1)
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