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.