MTS to pay out $1.08 billion in 2010 dividends

MTS, a major Russian mobile operator and retailer, has announced plans to pay out $1.08 billion in 2010 dividends, which accounts for 70.08% of the company’s net profit for the year.

The company’s dividend policy reportedly implies to direct at least 50% of profit on dividends.

Topics: Company results, Finance, Mobile & Telecom, News, Operators & Networks, Uncategorized
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