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Ukrtelecom to make a USD 16.5 mln dividend payout

Ukrtelecom to make a USD 16.5 mln dividend payout

7 August 2008

At their AGM today, Ukrtelecom (UTEL: HOLD) shareholders voted to direct UAH 80.2 mln (USD 16.5 mln) or 30% of the company’s 2007 net income into dividends. DPS is 0.0009 USD; dividend yield is 0.7%. Ex-dividend date is August 11, 2008. Dividends will be paying out from August 11, 2008 to February 7, 2009.

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