Shares and Dividends
21 586 948 000
ordinary shares with a par value of RUB 3
1 000 000 000
preferred shares with a par value of RUB 3
15 000 000 000
authorized ordinary shares
SberBank Shareholder structure
In April 2020, the holder of the controlling stake in SberBank changed. The Russian Federation represented by the Ministry of Finance of the Russian Federation acquired 11,293,474,001 of ordinary SberBank shares, which is 50% plus one stake of its authorized capital, or 52.32% of all voting SberBank shares, from the Central Bank of the Russian Federation.
The shareholder structure as of the end of the trading session on August 31, 2020:
Russian Federation represented by the Ministry of Finance of the Russian Federation
50% + 1 voting share
Non-resident companies
43,50%
Resident companies
2,27%
Private investors
4,23%
A total of 615,000+ shareholders
Is disclosed for the purpose of complying with the information disclosure order set by the Bank of Russia in accordance with Instruction No.345-P "On the procedure of disclosure by banks of information on persons that have significant influence on the banks business - participants of the obligatory deposit insurance system in the Russian Federation".
Dividend Policy
The Supervisory Board of SberBank makes a recommendation to the General Shareholders' Meeting on the payment and amount of dividends. Dividends are calculated based on net profit under IFRS (since 2012).
In 2020, SberBank has adopted the dividend policy for the next 3 years. The dividend payout ratio is set at 50% of the Group's net profit under IFRS adjusted for interest payments less the tax effect on equity instruments other than shares accounted for in equity, provided that certain mandatory conditions are met.
Under the Dividend Policy, the key conditions are to maintain the Group’s CET-1 adequacy under IFRS at a level of at least 12.5% and to comply with the mandatory capital adequacy ratios set by the Bank of Russia, taking into account the risk appetite approved by the Supervisory Board of SberBank.
When deciding on the amount of dividends, the terms and conditions must also be considered and taken into account as set out in para. 2.2. of the Regulation on the Dividend Policy of SberBank.
Dividend Payout Ratio



Anyone holding the bank shares as of the register closing date, which is set by the SberBank AGM over the term of 10 days ahead of the meeting and 20 days after it.
Dividends will be credited to shareholders’ accounts using money transfers.
Dividend size and payout is determined by the AGM upon the recommendation of the Supervisory Board of SberBank.
The size of dividends cannot exceed the size recommended by the Supervisory Board and is identical for a preferred and an ordinary share.
Payment of dividends to a nominee shareholder or a discretionary manager on the shareholders’ register shall be made within 10 business days.
Other people or entities on the shareholders’ register shall receive their dividend payouts within 25 business days after the closing of the register.
Dividend Payment History
Year of payment | For the year | Total size of dividends | Dividends on ordinary shares | Payment per share | Par value | Dividends on preferred shares | Payment per share | Par value |
2020 | 2019 | 422 375 927 600,00 | 403 675 927 600,00 | 18,70 | 3,00 | 18 700 000 000,00 | 18,7 | 3,00 |
2019 | 2018 | 361 391 168 000,00 | 345 391 168 000,00 | 16,00 | 3,00 | 16 000 000 000,00 | 16,00 | 3,00 |
2018 | 2017 | 271 043 376 000,00 | 259 043 376 000,00 | 12,00 | 3,00 | 12 000 000 000,00 | 12,00 | 3,00 |
2017 | 2016 | 135 521 688 000,00 | 129 521 688 000,00 | 6,00 | 3,00 | 6 000 000 000,00 | 6,00 | 3,00 |
2016 | 2015 | 44 496 287 560,00 | 42 526 287 560,00 | 1,97 | 3,00 | 1 970 000 000,00 | 1,97 | 3,00 |
2015 | 2014 | 10 164 126 600,00 | 9 714 126 600,00 | 0,45 | 3,00 | 450 000 000,00 | 0,45 | 3,00 |
2014 | 2013 | 72 278 233 600,00 | 69 078 233 600,00 | 3,20 | 3,00 | 3 200 000 000,00 | 3,20 | 3,00 |
2013 | 2012 | 58 678 456 360,00 | 55 478 456 360,00 | 2,57 | 3,00 | 3 200 000 000,00 | 3,20 | 3,00 |
2012 | 2011 | 47 490 851 840,00 | 44 900 851 840,00 | 2,08 | 3,00 | 2 590 000 000,00 | 2,59 | 3,00 |
2011 | 2010 | 21 009 992 160,00 | 19 859 992 160,00 | 0,92 | 3,00 | 1 150 000 000,00 | 1,15 | 3,00 |
2010 | 2009 | 2 176 955 840,00 | 1 726 955 840,00 | 0,08 | 3,00 | 450 000 000,00 | 0,45 | 3,00 |
2009 | 2008 | 10 991 636 640,00 | 10 361 636 640,00 | 0,48 | 3,00 | 630 000 000,00 | 0,63 | 3,00 |
2008 | 2007 | 11 659 269 836,00 | 11 009 269 836,00 | 0,51 | 3,00 | 650 000 000,00 | 0,65 | 3,00 |
2007 | 2006 | 8 786 757 274,00 | 8 321 757 274,00 | 385,50 | 3000,00 | 465 000 000,00 | 9,30 | 60,00 |
2006 | 2005 | 5 349 000 000,00 | 5 054 000 000,00 | 266,00 | 50,00 | 295 000 000,00 | 5,90 | 1,00 |
2005 | 2004 | 3 493 600 000,00 | 3 304 100 000,00 | 173,90 | 50,00 | 189 500 000,00 | 3,79 | 1,00 |
2004 | 2003 | 2 699 500 000,00 | 2 555 500 000,00 | 134,50 | 50,00 | 144 000 000,00 | 2,88 | 1,00 |
2003 | 2002 | 2 187 000 000,00 | 2 071 000 000,00 | 109,00 | 50,00 | 116 000 000,00 | 2,32 | 1,00 |
2002 | 2001 | 1 061 150 000,00 | 1 004 150 000,00 | 52,85 | 50,00 | 57 000 000,00 | 1,14 | 1,00 |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA AND JAPAN.
Neither this information nor any copy of it may be taken or transmitted into the United States, Canada, Australia or Japan. This information placed on SberBank's official web-site is not an offer for sale of securities (Securities) in the United States. Securities may not be offered or sold in the United States or for the account or benefit of U.S. persons absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The issuer of the securities has not registered, and does not intend to register any portion of the issue in the United States, and does not intend to conduct a public offering of securities in the United States. This information can only be directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the Order) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons in (i), (ii) and (iii) above together being referred to as relevant persons). The securities will only be available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents. In any European Economic Area Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State)(the Prospectus Directive), this information is only addressed to and is only directed at persons in that Member State who are qualified investors within the meaning of Article 2(1)(e) of the Prospectus Directive. These materials and the information herein are not a public offer or advertisement of securities in Russia, and are not an offer, or an invitation to make offers or to purchase, sell, exchange or transfer any securities in Russia, and do not constitute an advertisement of securities in Russia.
Changes in charter capital of SberBank
The History of SberBank's Share Issues*
# | Issue registration date | Ordinary Shares | Preferred Shares | Charter Capital (in thousand RUB) | ||
Number of Shares Outstanding. | Nominal Value (RUB) | Number of Shares Outstanding. | Nominal Value (RUB) | Cumulative total | ||
1 | 15.04.1993 | 45 000 | 50 | 250 000 | 1 | 2 500 |
2 | 29.06.1993 | 135 000 | 50 | 750 000 | 1 | 10 000 |
3 | 21.12.1993 | 720 000 | 50 | 4 000 000 | 1 | 50 000 |
4 | 12.04.1994 | 900 000 | 50 | 5 000 000 | 1 | 100 000 |
5 | 20.07.1995 | 1 900 000 | 50 | - | - | 195 000 |
6 | 28.09.1995 | 2 426 249 | 50 | - | - | 316 312 |
7 | 15.05.1996 | 2 873 751 | 50 | 40 000 000 | 1 | 500 000 |
8 | 25.12.1996 | 4 002 000 | 50 | - | - | 700 100 |
9 | 09.06.1998 | 1 000 000 | 50 | - | - | 750 100 |
10 | 04.06.2001 | 4 998 000 | 50 | - | - | 1 000 000 |
11 ** | 01.08.2006 | 19 000 000 | 3000 | 50 000 000 | 60 | 60 000 000 |
12 | 29.03.2007 | 2 586 948 | 3000 | - | - | 67 760 844 |
13 *** | 19.07.2007 | 21 586 948 000 | 3 | 1 000 000 000 | 3 | 67 760 844 |
* adjusted for ruble denomination ** face value increase *** share split |
Comments
Shares issue #11 (conversion)
Share conversion was accomplished through a 60-fold increase in nominal value of share and no change to the number of shares outstanding (via re-evaluation of the Bank's assets):
All ordinary shares outstanding with a nominal value of RUB50 per share were converted into ordinary shares with a nominal value of RUB3,000 per share;
All preferred shares outstanding with a nominal value of RUB1 per share were converted into preferred shares with a nominal value of RUB60 per share.
Shares issue #13 (share split)
All ordinary shares outstanding with a nominal value of RUB3,000 per share were converted into ordinary shares with a nominal value of RUB3 per share under a 1:1000 share split;
All preferred shares outstanding with a nominal value of RUB60 per share were converted into preferred shares with a nominal value of RUB20 per share under a 1:20 share split.
SberBank shares outstanding have the following individual state registration numbers issued by The Bank of Russia as of July 11, 2007:
Ordinary share – 10301481В
Preferred share – 20301481В