MOSCOW, May 6 (RIA Novosti) - VimpelCom's (RTS: VIMP, NYSE: VIP) board of directors recommended shareholders at an annual meeting to leave dividends at the 2004 level of 0.1 kopek per Preferred share of 5 kopeks par value.
Russia's second largest mobile phone operator said the board recommended that no dividends be paid on Ordinary shares.
VimpelCom paid 2004 dividends on Preferred shares only at 0.1 kopeks per share.
An annual meeting of shareholders has been scheduled for June 23.
