MOSCOW, June 24 (RIA Novosti) - Alrosa's annual meeting confirmed Saturday a 9% increase in dividend payments for 2005 to 1.96 billion rubles ($72.46 million), the top Russian diamond mining company said Saturday.
The company said 9,810 rubles ($363) would be paid for each share with a face value of 13,500 rubles ($499), compared with 9,000 rubles ($333) paid in 2004.
The dividends will be paid before November 23.
Alrosa occupies 23% of the world diamond market. Its charter capital is 2.7 billion rubles ($99.82 million) and is divided into 200,000 shares with the nominal value of 13,500 rubles.
The company's major shareholders are the Federal Agency for the Management of Federal Property (37%), the Yakutia property management ministry (32%) and staff (23%).
