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"Kazakhtelecom" has approved record dividends of 293.4 billion tenge for the 2024 financial year.

Submitted by Вера Александрова on

Following the results of 2024, JSC Kazakhtelecom will pay record dividends of 293.4 billion tenge. This was announced by the company's chairman, Bagdat Mussin. 

"Per share – 26,664 tenge and 88 tyiyn. Yield – 68% on ordinary shares, 87% on preferred shares. This is an historic high," writes Mussin on his Instagram page.

He noted that the deal to sell 100% of the stake in MTS, which was completed in January of this year, made a significant contribution to this.

"And we are moving on. We are developing Kcell, launching next-generation digital services, improving infrastructure for AI, and working to ensure that Kazakhtelecom does not just adapt to the era, but shapes it," Bagdat Mussin concluded.

Recall, from August to September 2024, the FBRK editorial team wrote about the sizes of bonuses for top managers of national companies within the Samruk-Kazyna investment holding, namely, JSC NC KazMunayGas, JSC NAC Kazatomprom, JSC NC QazaqGaz, JSC Kazakhtelecom,  JSC KEGOC, JSC Samruk-Energy, JSC Kazpost, JSC Kazakhstan Temir Zholy, JSC Samruk-Kazyna Construction and JSC Air Astana.

A series of articles on the total remuneration amounts for members of executive bodies of Kazakhstan's national companies from 2020 to 2023 can be found here.