Ministry of Finance: in 2024, the budget may receive 375 billion rubles in dividends from Sberbank

The federal budget may receive record dividends from Sberbank in the amount of 375 billion rubles. in 2024. The funds will go to the National Welfare Fund (NWF), which owns a controlling stake in the bank, reported RBC with reference to calculations based on materials from the Ministry of Finance.

The National Welfare Fund owns 50% plus one share in Sberbank. According to the publication’s forecast, for 2023 Sberbank may pay out 750 billion rubles on ordinary shares. dividends. RBC suggested that the Ministry of Finance’s forecast in the draft budget for 2024 and the planning period 2025-2026. Sber’s dividend payments may be equal to the bank’s net profit for 2023 in the amount of 1.5 trillion rubles. The hypothesis was confirmed by Renaissance Capital analysts, BKS and investment bank Sinara.

From the draft federal budget for next year it follows that dividend receipts from shares owned by the Federal Property Management Agency and other departments will amount to 277.25 billion rubles in 2024. The total state income from state-owned securities should reach 652.3 billion rubles.

The National Welfare Fund acquired a controlling stake in Sberbank in 2020. Based on the results of 2019 and 2020. The bank paid the state 211 billion rubles. dividends. In 2022, receipts from shares of the financial corporation for the federal budget reached a record 282.5 billion rubles. At the end of 2021, Sber did not pay dividends.