Dividend policy

The dividend policy of IDGC of the North-West , PJSC is based on strict observance of shareholders’ rights as provided for by the effective legislation of the Russian Federation, the Charter and other in-house documents of the Company and is aimed at enhancing the Company’s investment attractiveness and dividend yield growth.
 
By decision of the Board of Directors of the Company dated 31.08.2010, the Regulations on Dividend Policy of IDGC of the North-West, JSC were approved.

History of dividend payments of IDGC of the North-West, PJSC in 2008 – 2018
Dividend payment year
Period dividend was paid for
Type of shares
Amount of announced dividend per share, RUB
Announced dividend amount, RUB
Paid dividend amount, RUB
Portion of dividend paid,%
2009
2008
Non dividend paid
2010
2009
Non dividend paid
2011
2010
Non dividend paid
2012
2011
Non dividend paid
2013
2012
ordinary
0.0001614
15 459 844,89
15 234 601,75
98,54
2014
2013
ordinary
0.0008
76 628 737,37
75 485 316,27
98,51
2015 2014 Non dividend paid
2016 2015 ordinary 0,004254 407 473 317,03 406 252 773,55 99,70
2017 2016 ordinary 0,0011608 111 188 299,58 110 861 222,17 99,71
2018 2017 Non dividend paid
2019 2018 ordinary 0,003985 381 706 903,70 380 577 608,99 99,70
*Dividend paid to all the persons included in the dividend payroll except for those having failed to provide accurate and complete essential details required for payment of dividend.

Taxation of incomes earned from participatory interest in an organization and obtained in the form of dividend is governed by the Tax Code of the Russian Federation (hereinafter referred to as “TC”) Taxation of individuals is governed by Article 214 of RF TC, that of legal entities – by Article 280 RF TC;


RATES OF TAX ON INCOMES IN THE FORM OF DIVIDENDS PAID IN 2017

Tax Code of the Russian Federation (second part) dated 05.08.2000 No. 117-FZ
(revision dated 03.04.2017 amended as of 04.05.2017)
Type of Income
Legal entities (Article 284 of the Tax Code of the Russian Federation)
Natural persons (Article 224 of the Tax Code of the Russian Federation)
Residents*
Non-residents**
Residents
Non-residents
Income from dividends
13%
15%
13%
15%
* Applicable to the taxable base determined based on the incomes earned in the form of dividends shall be a tax rate amounting to 0 per cent (for incomes earned by Russian organizations in the form of dividends on the condition that the organization earning such dividends had continuously beneficially owned at least a 50% contribution to (stake in) in the authorized (stock) capital (fund) of the organization paying such dividends or depository receipts granting the right to receive dividends in an amount corresponding to at least 50 per cent of the total amount of dividends paid by the organization for at least 365 calendar days as of the date when the dividend payment decision was taken (Subclause 1 Clause 3 Article 284 of the Tax Code of the Russian Federation).

** with account for the peculiarities stipulated by Subclause 3 Clause 3 Article 284 of the Tax Code of the Russian Federation, Article 275 of the Tax Code of the Russian Federation.
 
 
Attn shareholders!
A hotline has been launched to provide to shareholders of IDGC of the North-West, PJSC information on payment of dividend on securities.
Hotline for dividend payment issues:
Tel: +7 (495) 787-31-75
e-mail:
dividend@rrost.ru