April 11, 2018 / 7:14 AM / 3 months ago

Russia's MTS recommends 2017 dividend of 23.4 roubles per share

MOSCOW, April 11 (Reuters) - Russia’s biggest mobile phone operator MTS said on Wednesday its board has recommended a dividend payout of 23.4 roubles per share for 2017.

The total dividend payout could reach 46.762 billion roubles ($727 million) if the recommendation is approved at a shareholders’ meeting scheduled for June 28, the company said. (Reporting by Vladimir Soldatkin; Editing by Susan Fenton)

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