August 16,
2021.
Moscow, Russia.
RusHydro Group (hereinafter referred to as the
“Group”, ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces
that it has fully paid the dividend for 2020 in the amount of RUB
23.3 bn or 50% of net profit for 2020 which is above the average
amount distributed over the last three years.
The total amount of dividend distributed to
shareholders was RUB 23.29 bn. On June 30, 2021, the Annual General
Meeting of Shareholder of RusHydro resolved to pay dividends for 2020
in the amount of RUB 0.0530482 per share.
RusHydro is committed to long-term dividend growth
in the interest of shareholders taking into account the company’s
development priorities. In recent years, the company has consistently
paid dividends at 50% of its IFRS net profit. During 2015-2020, the
company has paid over RUB 100 bn in dividends including over RUB 60
bn to the budget of Russian Federation. In 2019, RusHydro has paid
dividends at the average amount of last three years. In 2021, the
current dividend policy has been extended for an additional six
years. Such measure guarantees shareholders a minimal dividend amount
and improves the company’s investment attractiveness.
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