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19 May 2004 05:54
Sberbank board recommends 2003 dividends (Part 2)
MOSCOW. May 19 (Interfax) - The supervisory board of Russian savings bank Sberbank recommends shareholders approve 2003 dividends of 269% of par value for common shares and 288% for preferred shares, the bank reported Wednesday. Sberbank common shares have par value of 50 rubles and preferred shares - 1 ruble, so common share holders are to receive 134.5 rubles a share and preferred share holders - 2.88 rubles a share. Sberbank will hold its AGM on June 18. Shareholders registered as of May 1 can take part in the meeting. Dividends for 2002 were paid at 109 rubles per common share (218% of par value) and 2.32 rubles per preferred share (232%). [RU ASIA EUROPE EEU EMRG BNK DIV] me
[Interfax]
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