The payment would total 1.22 billion roubles ($39.45 million) or 35 percent of net profit under Russian Accounting Standards. That is equivalent to 87.68 roubles ($2.84) per ordinary share compared to 2.91 roubles per share paid in 2010.
The company, majority owned by state rail monopoly Russian Railways, transports goods for a wide range of industries including autos, consumer goods, metals and paper across Russia's vast rail network.
The state monopoly raised $400 million from a London IPO of Transcontainer in November 2010 and now Russian Railways has permission from the government to sell a controlling stake in Transcontainer as part of a long term plan to raise cash for new infrastructure. (Reuters)
