OREANDA-NEWS. June 30, 2010. The set dividend size provides for just a small yield, but the very decision to pay out dividends reflects improvements in genco’s corporate governance.

Irkutskenergo (RTS: IRGZ) is to pay out dividends for FY2009. A relevant decision was made on June 28 at the company’s AGM. The dividend size was set at RUB 0.19 per share. The genco did not make any dividend payments for FY2008.

In total, the company is to direct 25% of net income to dividend payouts, a large figure for an electric utility company.