MOEX Paid Out 55% of Net Profits To Shareholders in Dividend
Posted: Sun Jun 19, 2016 10:47 pm
The Russian institutional trading venue Moscow Exchange (MOEX) reported today that it completed dividend payments for 2015, with the total sum paid was $252 million (RUB 16.2 billion), according to a MOEX statement.
Earlier in April, the exchange’s Supervisory Board has approved a new dividend policy, which constitutes a hike of its payout floor to 55 per cent of the group’s net profit under International Financial Reporting Standards (IFRS).
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In term of the numbers details, the above total sum of ... (read more)