Kazakh service provider pays over $406K in dividends

Business Materials 24 May 2019 17:13 (UTC +04:00)

Baku, Azerbaijan, May 24

By Nargiz Sadikhova - Trend:

Kazakh service provider Kazakhtelecom allocated 154.2 million tenge ($406,863) on 2018 preferred stock dividend payments, Trend reports via inbusiness.kz

“The added dividends on the preferred stock worth 481.06 tenge per stock will be paid,” the report said.

Guaranteed dividend on preferred stock of the company worth 79 million tenge (300 tenge per stock) was paid in December 2018).

In 2018 Kazakhtelecom allocated 8.6 billion tenge on dividend payments. The volume of dividend per stock amounted to 781.06 tenge.

In 2018 Kazakhtelecom received 42.883 billion tenge of net profit.

Currently Kazakhtelecom possesses 10,922,876 of announced common stock, 10,707,323 of stock and 1,213,653 of preferred stock are in circulation. All of them are offered and 320,556 of them are in circulation.

Kazakhtelecom is the major fixed line operator in Kazakhstan.

(1USD = 379 tenge on May 24)


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