In the process of determining the amount of dividends payable, the Dividend policy of the Company strives to maintain the balance of interests of the Company and its shareholders. The Dividend Policy of the Company is based on respect and strict observation of the shareholder rights provided by the applicable laws of the Russian Federation, the Charter and the internal documents of the Company, and is aimed at enhancement of the Company investment attractiveness and capitalization. Apart from capitalization growth, Kubanenergo PJSC strives to increase the amount of dividends on the basis of the net profit and the needs for development of production and investment activity of the Company.
To ensure transparency of determining the amount of dividends and their payment mechanism as well as to inform shareholders and other interested persons about the Company Dividend Policy, the Board of Directors of “Kubanenergo” approved the Regulations for the Dividend Policy on 31.08.2010.
The dividends are paid in accordance with the procedure described in the Registered Person Profile in the Registry of Holders of Kubanenergo Securities.
Analysis of data on payment of dividends to shareholders of the Company revealed that the major cause of failure to receive income consists in incorrectness of details provided by shareholders in their personal accounts.
To update your personal accounts information, please, contact the Company Registrar – “Registrar R.O.S.T.” JSC at:
You may choose to additionally consult “Kubanenergo” PJSC at:
2A Stavropolskaya Str., Krasnodar.
Phone: (861) 212-26-72, 212-22-76.