March 17, 2020 / 12:12 PM / 23 days ago

Russia's Sberbank says board recommends dividend of 18.7 roubles per share

MOSCOW, March 17 (Reuters) - Russia’s Sberbank said on Tuesday that its board recommended a dividend payment of 50% of its net profit or 18.7 roubles ($0.2491) per share.

The bank added that the shareholders register for 2019 dividend payments would close on May 14.

$1 = 75.0586 roubles Reporting by Tatiana Voronova and Polina Devitt; Writing by Gabrielle Tétrault-Farber; Editing by Louise Heavens

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