Medvedev raised the dividends of state companies to 50% of the profits

Prime Minister Dmitry Medvedev signed a government decree, which requires state-owned companies to pay dividends following the results of last year, at least 50% of the profits. The document is available on the official website of the government

“By the way, I signed a government decree, which determines the amount of dividends to be paid by state-owned companies this year. They would amount to, which may not be less than 50% of net profit”, — said Putin, speaking with a report on the work of the Cabinet of Ministers to the Duma (quoted by “Interfax”).

According to Medvedev, this budget revenue is planned to increase by almost 100 billion rubles.

As they say in the document on the payment of dividends will be sent a minimum of 50% of net profit according to the standard by which it will be more (IAS or RAS). To direct on dividends was necessary not less than 25% of net profit, while state-owned companies could choose which statements to calculate this amount.

In the press-service of the government among the companies from which the government is expecting increased dividends, says “Rostneftegaz”. In mid-April, Interfax reported citing a source that the company that owns the shares of “Rosneft” and “Gazprom” (69,5% and 11%, respectively), will not increase the dividends. The interlocutor of Agency has specified that according to the decision of President Vladimir Putin to “Rosneftegaz” will remain the norm by 25%, since he needs funds for investment projects. Last week, Deputy Prime Minister Arkady Dvorkovich said that the final decision on dividend payment for Rosneftegaz is still pending.