Dividends of Russian companies in 2020

2024 Author: James Gerald | [email protected]. Last modified: 2024-01-18 00:05

Dividends are passive income received from stocks. But for this it is important to know which firms will provide them. A special calendar will help in this, according to which Russian companies pay dividends in 2020. Consider the latest news and expert forecasts.

Why do you need a calendar

It contains all the information about dividends:

• the size;
• profitability;
• the deadline for closing the register;
• cut-off day.

The calendar also contains information for how long the income is paid. Thanks to all the data, investors can make a forecast regarding income to a personal account, as well as choose the most profitable stocks.

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Closing the registry and cutting off

Information about the company's shareholders is presented in a special form called the register of shareholders. To generate income, the investor must be entered into this document in advance.

It is necessary to become a shareholder by a certain date. It is set by the board of directors of the organization, and is called the closing date. If the papers are purchased later, the income will not be paid.

But there is also a cut-off date. On the stock market of the Moscow Exchange, the trading mode is T + 2. This means that the person who bought the share will be its owner only for the 2nd working day. It turns out that the cut-off day is considered the extreme date when an investor can become a shareholder for profit.

When the closing date is Monday, the cutoff occurs on the Thursday of the last week. It turns out that only working days are counted. This must be taken into account if shares are purchased for profit.

Reduced cost

After the cut-off day, the shares of the companies are reduced by the amount of dividends. This phenomenon has its own name - the dividend gap. And the reason is this: when the profit is paid to investors, the organization has less finance, and future investors who have not been paid the income expect to receive a discount. This leads to a fall in securities prices.

Some of them instantly win back the fall and rise further. But many find it difficult to close the dividend gap, and investors leave them to lock in income.

Payout frequency

All companies provide dividends at different times. This can be done every quarter, every six months, or once a year. It turns out that payments are made 1, 2 or 4 times during the year.

The largest profit is provided by the results of the year. The hottest time is from April to August. At this time, the boards of directors approve the amount and date of payments. This news affects the activities of investors who begin to actively sell or buy shares.

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Forecast for 2020

Between February and March 2020, the Moscow Exchange Index dropped 35%. The business of a large number of organizations has been negatively impacted by the coronavirus, high alert and cheap oil.

When income decreases, companies stop paying or reduce the amount of dividends. Some have already taken action:

1. TATNEFT does not pay dividends for the IV quarter of 2019 on ordinary shares, and in the presence of preferred shares, 1 ruble is provided for 1 share.
2. LSR proposed to reduce dividends from 78 to 30 rubles.
3. Bank Saint Petersburg decided not to pay profit for 2019.
4. Sberbank has appointed the postponement of the AGM, at which the approval of payments was carried out.

The Russian government is aware of the current situation in business, so the Finance Ministry postponed the end of the AGM deadline from June 30 to September 30. State-owned companies were given the opportunity to defer the transfer of dividends for 3-6 months. The Central Bank of the Russian Federation recommended not to pay dividends to banks with low capital and with its support.

Calendar

Their numbers are approved every year. Therefore, investors need to rely on a dedicated calendar. Dividends of Russian companies in 2020 are presented in the table below.

Stock	Dividends, rubles	Profitability,%	Closing the register
NOVATEK	18, 1	1, 8	08.05.2020
Polymetal	$0, 42	2, 41	11.05.2020
LSR	30	5, 17	12.05.2020
Inter RAO	0, 196192529	3, 92	01.06.2020
Rosneft	18, 7	5, 79	15.06.2020
"Magnet"	157	4, 56	19.06.2020
Gazprom Neft	19, 82	6, 27	26.06.2020
MTS	20, 57	6, 6	09.07.2020
Enel Russia	0, 085	9, 15	09.07.2020

The biggest dividends

In Russia, there are stocks with a yield of more than 10-12% per year. A striking example is the preferred share of Surgutneftegaz. The profitability for 2018 was 18.2%. But it is important to remember one subtlety - the gap in these stocks is sometimes very large, that it closes for a long time.

Some small firms provide good dividends too. For example, Nizhnekamskneftekhim did not pay profit for 2 years, and then provided it at the end of 2018 and even in a large amount. With a preferred share price of 40 rubles, the dividend should be 19.94 rubles, that is, the shareholder's yield was almost 50%. After this news, the price of the paper increased.

These examples do not mean that you should buy shares of little-known companies to make big profits. To make a dividend forecast, you need to familiarize yourself with the organization's business principles, dividend policy, and reporting.

It is desirable for newbie investors to receive dividends from blue-chip Russian companies. These are shares of large and reliable organizations. To purchase them, you need to open a brokerage account. And this is done on the website of the Moscow Exchange. Shareholders should be guided by a special calendar of dividends for Russian companies in 2020.

Summarize

1. Stock prices of companies can both increase and decrease.
2. Each organization pays out income at a certain frequency.
3. Due to the difficult situation, some companies refused to pay dividends, while others reduced their size.