Росбизнесконсалтинг 13.04.2010Novorossiysk Commercial Sea Port shareholders to ponder 2009 dividend
The board of directors of Novorossiysk Commercial Sea Port (NCSP) has recommended that its shareholders approve the payment of dividend for 2009 in the amount of RUB 0.125 per share. According to the company's statement, the board recommends that out of RUB 5.319bn (approx. USD 183.8m) of unconsolidated net profit, RUB 2.407bn (approx. USD 83.2m) is allocated for dividend payments and another RUB 2.985bn (approx. USD 103m) - for the company's development.
September 1, 2010 is to be the first date of the dividend payment. The annual meeting of shareholders is scheduled for June 4, 2010. The meeting's agenda includes the following items: the approval of the annual accounts statement, including on the profit and loss, the approval of the company's distribution of profit for 2009, election of members of the board of directors and compliance commission, as well as the appointment of the company's auditor.