The Ministry of Finance is counting on proceeds from dividends on state-owned stakes in the amount of 650 billion rubles in 2020, next year this figure will decrease due to weaker financial results of companies, while the principle of 50% profit on dividends will remain unchanged, the head of the Ministry of Finance told reporters Anton Siluanov.
The plan for 2021 is 442 billion rubles.
“The approach is the same, based on 50% profit. Of course, the current year, with its decline in financial performance, will undoubtedly affect the financial results of companies. Therefore, the principles will remain, but the amount of dividends will be adjusted downward,” Siluanov told reporters …
From Sberbank (MCX: SBER), the controlling stake in which this year was transferred from the Central Bank to the government, the Ministry of Finance expects the same 50% profit at the end of 2020 as in 2019.
“Sberbank, we take into account, will pay, like the rest of our companies, 50%,” the minister said.