August 1, 2014 / 5:50 AM / 3 years ago

Russia's Magnit plans to pay 78.3 rbls/shr in H1 dividends

MOSCOW, Aug 1 (Reuters) - Russia’s biggest food retailer Magnit said on Friday its board had recommended paying a dividend of 78.3 roubles ($2.19) per share on first-half 2014 results.

The company said it plans to pay 7.4 billion roubles in total in dividends from its January-June profits. ($1 = 35.7893 Russian Roubles) (Reporting by Maria Kiselyova; Writing by Lidia Kelly)

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