Deposit rates, stock exchanges, dividends of state-owned companies: digest

Top 10 rates on deposits and savings accounts. Moscow Exchange will not trade shares until March 18. Decisions on dividends of state-owned companies will be made individually. notable events, How stock exchanges work On March 15, the Bank of RUSSIA decided not to resume trading in shares on the Moscow Exchange from March 14 to 18. Transactions in the currency, money markets and the precious metals market will take place from 10:00 to 19:00 Moscow time. SPB Exchange plans to start trading in the mode intended for private investors no earlier than 16:00 Moscow time. The site will update the information today during the day on its website. Sunday, March 13The US switched to daylight saving time. Accordingly, American exchanges now open at 16:30 Moscow time, and close at 23:00 Moscow time.

What can happen when the Moscow Exchange is opened. Experts on the first day of trading Investments , Moscow Exchange ,  Sanctions , Shares

Top 10 rates on deposits and savings accounts

The average rate of the 54 largest depository banks on deposits for a period of one year in the amount of ₽100 thousand as of March 15 is 9.55% per annum, according to the FRG100 index.

The most favorable deposit rate as of March 15, 2022 is 27% per annum.
Top 10 banks with high effective rates on deposits and savings accounts as of March 15, 2022:

Sinara - up to 27%; "Solid" - up to 26.54%; Tavrichesky Bank - up to 25.10%; Sovcombank - up to 25%; Post Bank - up to 25%; Novikombank — up to 25%; Fora-bank - up to 24.50%; VTB — up to 24%; "Russian Standard" - up to 24%; Promsvyazbank - up to 24%.

Source: Banki.ru financial marketplace (the effective rate is calculated according to the Banki.ru methodology and is not an offer, detailed conditions are in credit institutions).

New sanctions against Russia The European Union approved the fourth package of sanctions against Russia, which will affect individuals and legal entities - a list of specific measures will be published later. In addition, a statement was approved to the World Trade Organization (WTO) on the suspension of the most favored nation treatment for Russia, according to the Twitter account of the French delegation, which presides over the EU Council. The measures will enter into force as soon as they are published in the Official Journal of the European Union. The new EU sanctions package bans the import of many steel and iron products from Russia, as well as the import of luxury goods into the country, which include goods worth more than €300 ($329.58). In particular, these are caviar, truffles, beer, champagne, perfumes, bags, leather and fur clothes, coats, suits, and other items of clothing, pearls, diamonds, gold and precious stones. The ban also includes cars, boats and aircraft worth more than €50,000, BLOOMBERG reported, citing a document. According to Bloomberg, the package of sanctions did not include iron ore, slabs, steel billets, as well as supplies of titanium, aluminum, copper, nickel, palladium. The Japanese Foreign Ministry imposed sanctions against 17 Russian citizens. The restrictions affected the founder of the Renova group, Viktor Vekselberg, the leader of the Communist Party of the Russian Federation, Gennady Zyuganov, and five relatives of businessman Yuri Kovalchuk. The United States imposed sanctions on 11 individuals in the Russian defense sector. Russian measures The Russian government has imposed a temporary ban on the EXPORT of grain to the countries of the Eurasian Economic Union (EAEU), as well as on the export of white SUGAR and raw cane sugar abroad. The ban on the export of grain will be valid until June 30, and the restriction on the export of sugar - until August 31 of this year. The grain ban applies to wheat and olives, rye, barley and corn. Dividends of Russian state companies

Dividend payments   for each company with state participation will be accepted separately, Finance Minister Anton Siluanov said in an interview with Russia-24 TV channel.

“We will consider these positions in detail for each of the companies. I have already spoken about the fact that we will have to help individual banks - banks with state participation. In such a way that the profit that remains with a particular financial institution is not distributed as state dividends. But this, I repeat, will be considered in detail for each such organization, ”he said, answering the question of whether it is planned to revise the established rule on the payment of dividends in the amount of at least 50% of adjusted net profit under IFRS.

At the same time, he noted that we are talking not only about financial institutions, but also about companies with state participation from other sectors.

The order on the 50% dividend payout limit was signed by Russian Prime Minister Mikhail Mishustin in June 2021.

“The individual approach is due to the current economic situation. Due to pressure on capital, some banks with state participation would probably not be able to pay dividends based on 50% of net profit without violating capital adequacy standards, ”said Vasily Karpunin, an expert at BCS World of Investments.

According to the analyst, the oil and gas sector looks more protected from the point of view of reducing dividends among state-owned companies. “The industry has not been hit as hard by sanctions pressure so far, and high energy prices and a weakened ruble should support financial performance in 2022,” Karpunin wrote in a morning review.

The Ministry of Finance allowed a change in the dividend policies of banks in order to support them Sberbank , VTB , Banking and Finance , Ministry of Finance , Dividends Last day to buy shares for dividends and other important events

American International: last day to buy shares at a dividend of $0.32 per share; payment date is March 31st.
TSMC: last day to buy shares at a dividend of $0.39 per share; due date is April 14th.
Detsky Mir : 2021 Audited IFRS Financial Results.
JOYY : Financial results for the fourth quarter and full year 2021.

Russia  -Ukraine negotiations will continue . Iranian Foreign Minister Hossein Amir Abdollahian will pay an official visit to Moscow to hold consultations on the restoration of the Joint Comprehensive Plan of Action (JCPOA). The American Petroleum Institute (API) will publish data on oil reserves in the US - 23:30 Moscow time. OPEC will release a monthly report on the oil market. How the previous trading session ended S&P 500 : 4173.11 (-0.74%) DOW JONES Industrial Average : 32 945.24 (0%) NASDAQ Composite: 12,581.22 (-2.04%) Dividends are a portion of profits or free cash flow (FCF) that a company pays out to shareholders. The payout amount depends on the dividend policy. Their periodicity is also spelled out there - once a year, every half year or quarter. There are companies that do not pay dividends, but direct profits to business development or simply do not have the opportunity due to poor results. Stocks of dividend companies are most often of interest to investors who want to achieve financial independence or secure a decent standard of living in retirement. With the help of dividends, they create a source of passive income for themselves. More