Dividend calculator

Dividends are paid to entities included in the list of those entitled to dividends. This list is drawn up on the same day as the list of entities entitled to participate in the general shareholders' meeting at which the decision is taken to pay out the corresponding dividends.

Starting from 01.01.2021, a progressive tax rate for personal income tax on dividends paid in favor of individuals who are tax residents of the Russian Federation (hereinafter - the progressive rate) has been introduced.

The progressive rate for the period from 2021 to 2024 was: (1) 13% - if the corresponding income for the tax period (calendar year) was less than or equal to RUB 5 million; (2) RUB 650 thousand and 15% of the corresponding income exceeding RUB 5 million - if the amount of corresponding income for the tax period was more than RUB 5 million.

Starting from 2025, the progressive rate is: (1) 13% - if the corresponding income for the tax period (calendar year) is less than or equal to RUB 2.4 million; (2) RUB 312 thousand and 15% of the corresponding income exceeding RUB 2.4 million.

When dividends are paid to an individual tax resident of the Russian Federation, the amounts of dividends received by the Company from other persons are taken into account when calculating the amount of personal income tax. In addition, when dividends are paid more than once during a tax period, the tax base is determined on an accrual basis, and the personal income tax is calculated taking into account previously paid dividends and the tax withheld from them. Therefore, the actual amount of dividends paid/ tax withheld may differ from the calculation made by the dividend calculator.