Russia's Sberbank recommends record dividend payout - CEO
Sberbank's Moscow-listed shares leapt around 7% on the day, outperforming the wider index and dragging it up to a near-seven-month high. Sberbank, in common with other major Russian companies, did not pay a 2021 dividend last year, on the recommendation of the central bank and government. Gref said the bank had opted against distributing dividends last year to give it a safety margin to overcome the effect of sweeping Western sanctions, which particularly
Mar 17, 2023
