March 23, 2017 / 7:08 AM / 7 months ago

Russia's VTB recommends 2016 divs of 15.2 bln rbls on ord shares

MOSCOW, March 23 (Reuters) - The supervisory board of Russian bank VTB has recommended paying dividends of 0.00117 roubles per ordinary share for 2016, amounting to a payout of 15.2 billion roubles ($263 million), the bank said in a statement.

The board also suggested paying 0.00052 roubles per Type 1 preference share and 0.00588849 roubles per Type 2 preference share, VTB said. ($1 = 57.6872 roubles) (Reporting by Denis Pinchuk; Writing by Alessandra Prentice; Editing by Alexander Winning)

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