Advertisement
UK markets close in 57 minutes
  • FTSE 100

    8,313.33
    +99.84 (+1.22%)
     
  • FTSE 250

    20,384.26
    +219.72 (+1.09%)
     
  • AIM

    776.03
    +4.50 (+0.58%)
     
  • GBP/EUR

    1.1651
    -0.0009 (-0.08%)
     
  • GBP/USD

    1.2557
    -0.0007 (-0.06%)
     
  • Bitcoin GBP

    50,420.21
    -483.69 (-0.95%)
     
  • CMC Crypto 200

    1,314.55
    -50.58 (-3.71%)
     
  • S&P 500

    5,187.48
    +6.74 (+0.13%)
     
  • DOW

    38,962.84
    +110.57 (+0.28%)
     
  • CRUDE OIL

    77.88
    -0.60 (-0.76%)
     
  • GOLD FUTURES

    2,328.60
    -2.60 (-0.11%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • DAX

    18,367.05
    +191.84 (+1.06%)
     
  • CAC 40

    8,052.14
    +55.50 (+0.69%)
     

Russia's Magnit may raise dividend payout to 40 pct

MOSCOW, April 22 (Reuters) - Russia's biggest food retailer Magnit (MCX: MGNT.ME - news) may increase its dividend payout in the second half of the year, Chief Executive Officer Sergei Galitsky said on Tuesday.

"We currently pay around 30 percent (of net profit in dividends). In the second half we plan to increase that to 40 percent of net profit," Galitsky told a conference call. (Reporting by Maria Kiselyova; Editing by Alessandra Prentice)