VimpelCom says board of directors wants to quadruple 2019 divs
MOSCOW, May 19 (PRIME) -- The board of directors of Russian mobile operator VimpelCom, working under brand Beeline, has recommended an annual meeting of shareholders raise dividends for 2019 to 29.999 billion rubles in comparison to 8 billion rubles paid for 2018, the company said late on Monday in a statement.
VimpelCom can pay 585 rubles per ordinary share and 0.001 rubles per preferred share.
The company will close the register for the shareholders entitled for the payment on July 10.
The annual general meeting is scheduled on June 30 with the register for the meeting to close on May 28.
(72.9798 rubles – U.S. $1)