OAO TGK-1, a power producer controlled by Russia’s OAO Gazprom, plans to pay 187.9 million rubles ($6.34 million) in dividends for last year.
TGK-1’s board recommended that shareholders approve a payout equating to 5 percent of net income, the utility said today in a website statement. Profit was 3.76 billion rubles last year, TGK-1 said.
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