South West | Finance, business

M.Video board recommends the firm’s first-ever dividend payout

1 Jun '10
Source: http://www.vedomosti.ru/companies/news/2010/05/17/1016933

The board of directors of Russian home appliances retailer M.Video has suggested the shareholders approve dividend payout, the first such move in the firm’s history, the company said.

The shareholders will reportedly receive $0.08 per common share; the total payout will add up to $13.8m.
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