Yandex wants to pay the first-ever dividends to investors

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Yandex wants to pay the first-ever dividends to investors
July 30th. /MEDIA TALK/.On Tuesday, July 30, it became known that Yandex wants to pay the first-ever dividends to investors. They will receive 80 rubles for one security if the relevant decision is approved by the board of directors and shareholders, the organization said in a release.

Payments are planned to be made on a semi-annual basis until the end of October.


Photo: ru.freepik.com

The organization's release also says that the company's revenue for the first quarter amounted to 249.3 billion rubles. This is 37% more than in the same period of 2023.

Yandex forecasts revenue growth in 2024 in the range of 38-40%.

Recall that in mid-July, the IT giant completed the exchange and repurchase of shares of the Dutch Yandex N.V. All securities of the ICPAO "Yandex" have already been listed to investors and brokers.
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