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Khmelnitskoblenergo To Pay Dividends.

Khmelnitskoblenergo To Pay Dividends.

21 April 2008

At Khmelnitskoblenergo’s (HMON: SELL) AGM, shareholders voted to pay 40% of the company’s 2005 net income as dividends. The total amount of dividends is USD 0.59 mln, DPS is USD 0.004, dividend yield is 1.3%. Concorde Capital: HMON is among the best performing state-owned Oblenergos, however, we still believe this stock is overpriced.

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