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“Penzmash” intends to pay 2014 dividend only for preferred shares

13:03 | 03.02.2015 | Economy

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Penza, 3 February 2015. PenzaNews. The Board of Directors of JSC “Penzmash” recommended the shareholders to pay the 2014 dividends only for preferred shares during this year’s Annual Meeting, that will be held on March 26.

“Penzmash” intends to pay 2014 dividend only for preferred shares

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The total amount of dividend payout has not been determined, but most likely it will remain the same as the last year, when the company paid 1.6 rubles for each 1-ruble preferred share.

According to “Interfax,” it is expected that at the meeting the shareholders will discuss the annual report, balance sheet, including profit and loss account. In addition, the shareholders plan to elect the new Board of Directors, Audit Commission and auditor of the company.

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