Record Dividends from Sberbank: What You Need to Know

This translates to 34 rubles and 84 kopecks per share. This amount is the highest in the history of both the bank and the Russian stock market as a whole.

Half of this substantial sum will go to the state and be allocated to fund socially significant projects, such as education and healthcare, including schools and hospitals. The remaining portion will be distributed among nearly two million Sberbank shareholders, for whom, according to the head of the credit organization, Herman Gref, the company's dividends are an important and stable source of income.

Sberbank consistently adheres to its dividend policy, allocating no less than half of its profits for payouts. This predictability allows investors to be confident in stable income and potential growth in the value of the shares, making investments in Sberbank attractive and reliable, writes "Interfax."