PRIME-TASS. An annual general meeting held at Donskoy Investment Bank (Donbank, Kamensk-Shakhtinsk, Rostov region) adopted a decision on May 23, 2009 to pay out dividends for 2008 on preferred shares of Rub 0.50 per share with Rub 1.00 par value each and Rub 0.20 per common share with Rub 2.00 par value each, the bank told the news agency Monday.
Of net profit (Rub 12.94 mln) Rub 150,000.00 (1.16% of net profit) is to be paid on shares with Rub 1.00 par value each and Rub 299,717.00 (2.32%) on securities with Rub 2.00 par value each. The bank will begin to pay out the dividends on May 26 until July 24, 2009. The remaining portion of net profit (96.52%) was distributed to the accumulation fund. Donbank paid out 2007 dividends on preferred shares (50%) with Rub 1.00 par value each and 10% on securities with Rub 1.00 par value each, with dividends equaling Rub 150,000.00 on shares with Rub 1.00 par value and Rub 299,717.00 on shares with Rub 2.00 par value each. For the record, 1.96% of 2007 net profit (Rub 22.90 mln) was earmarked for 2007 dividend payouts.
Donskoy Investment Bank was established in July 1994 and its charter capital equals Rub 25.75 mln. The lending institution’s major shareholders are two individuals who own in the aggregate 20.33% of its charter capital and Vtenma (4.45%).