MTS management intends to adhere to dividend policy in 2026 - CFO

MOSCOW. March 5 (Interfax) - PJSC MTS management remains committed to the company's current dividend policy in 2026, MTS Group CFO Alexei Katunin said on Thursday during an event dedicated to the disclosure of financial indicators for 2025.

"We would like to confirm once again our commitment to our adopted dividend policy. It covers three years, including dividends for 2026. We, as management, intend to implement the dividend policy this summer," Katunin said, noting that the policy envisages paying out at least 35 rubles per share, including for 2025.

"We are awaiting the corresponding decision from the board of directors and the shareholder meeting," Katunin said.

MTS' dividend policy envisages a target dividend yield of at least 35 rubles per ordinary share for each calendar year for 2024-2026, with payments rendered annually and the possibility of changing the frequency of payments during the calendar year based on the recommendation of the board of directors.

MTS paid out dividends at 35 rubles per share totaling 68.6 billion rubles for 2024.