RusHydro ranks among the top in RBC 500 rating
October 15, Moscow, Russia. PJSC RusHydro’s (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the company took 34th place among the top 500 companies in the annual RBC 500 rating.
The rating ranks companies based on net revenue figures for 2019. RusHydro Group’s revenue for the period stood at RUB 406.6 bn, an increase of 1.6% as compared to 2018.
The company’s 2019 operational results were strong as well. Six hydropower plants (Boguchanskaya, Bureyskaya, Votkinskaya, Kamskaya and Ust-Srednekanskaya HPPs and Kubanskaya PSHPP) have reported record electricity output. Total electricity production in the year came in at 142.8 GWh, 78% came from hydropower and other renewables. RusHydro’s share in total electricity production in Russia reached 13%.
The Company places extra priority stable dividend payments and dividend growth in the medium-term. For 2019, the AGM approved dividend distribution of RUB 15.7 bn in the amount of RUB 0.03568039 per share (average of dividends paid over the previous three years in accordance with the new dividend policy).
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