Russian Moguls Received $11 Billion in Dividends in the Past Year

Executives and shareholders of some of the largest companies in Russia have pocketed the equivalent of more than $11 billion in dividends in the past year as many firms resumed dividend payments, a Bloomberg analysis showed on Tuesday. At least 12 Russian executives, former executives, and shareholders of some of the major local firms – including in the energy sector – received more than $11.4 billion (1 trillion Russian rubles) in dividends in 2023 and so far in 2024, according to data from company filings compiled by Bloomberg.…