Russian Helicopters Pays 25% Net Profit Dividend

Shareholders in Russian Helicopters, which designs and manufactures civil and military rotorcraft, voted to pay dividends for 2011 worth 25 percent of the company’s IFRS net profit, the company said in a statement on Thursday.

The company will pay dividends for last year at 5.15 rubles ($0.16) per share excluding profit from revaluation of shares in subsidiaries as of the end of 2011. Russian Helicopters made no dividend payments in 2010.

Russian Helicopters made a 2011 IFRS net profit of 7 billion rubles ($233 million), up 12.7 percent year-on-year.


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