The board of directors of TKS Holding (the parent company of T-Bank) recommended paying dividends for the first nine months of 2024 in the amount of 92.5 rubles per share. This is stated in the company’s message.
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The final decision on the payment of dividends will be made by shareholders at a meeting to be held on November 14. If approved, these dividends will be the first for TKS Holding after its reregistration in Russia.
“After the Rosbank purchase transaction, the total number of shares will be 268.2 million, so the total amount of dividends will reach 24.8 billion rubles,” TKS Holding said.
The company also announced plans to move to paying quarterly dividends, meaning four times a year.
At 16:25 Moscow time, TKS Holding shares were trading on the Moscow Stock Exchange at 2,566 rubles per share, the dividend yield on these quotes will be 3.58%.
In the first half of 2024, TKS Holding increased its net profit by 25% compared to 2023: its size amounted to 45.7 billion rubles.
Author:
Kirill Bilyk
Source: RB

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