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  Wednesday, October 21, 2020
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Rosselkhozbank said Monday it would spend 10.1% of its net profit on paying out dividends for 2005
Rosselkhozbank, Russia's state-run agricultural bank, said Monday it would spend 10.1% of its net profit on paying out dividends for 2005. Rosselkhozbank, which is a specialized commercial bank mainly serving Russian agricultural companies and individual entrepreneurs, said it would pay 3,750 rubles (about $138) per share with a face value of 1 million rubles (about $36,900) in line with a decision made by its annual shareholders' meeting Monday. Rosselkhozbank, which also acts as a government agent in state and international support programs for the country's agriculture sector, channeled 10.6% of its net profit into dividend payment in 2004. The bank is on a list of the country's top thirty banks published by the Central Bank. It had IFRS total assets of 57.04 billion rubles (about $2.1 billion) on January 1, 2006.
Print Rosselkhozbank said Monday it would spend 10.1% of its net profit on paying out dividends for 2005 Bookmark Rosselkhozbank said Monday it would spend 10.1% of its net profit on paying out dividends for 2005

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