MD Medical Group announces dividends for H1 2026 - News — Group of companies "Mother and child"
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30.09.2026

MD Medical Group (“MD Medical Group”, “MDMG”, "Group" or the "Company"; MOEX: MDMG), a leading Russian private healthcare provider, announces the Board of Directors' decision regarding the payment of interim dividends.

Today the Company’s Board of Directors decided to distribute dividends for 6M 2026. The dividend will amount to RUB 2,855 million, or RUB 38 per ordinary share (before tax on income received as dividends), representing a payout of 54% of the Group's IFRS consolidated net profit for 6M 2026.

The record date for persons entitled to receive dividends will be 19 October 2026 (end of business day).

Dividend payments are scheduled to be made before mid-November 2026.

MDMG CEO Mark Kurtser said:

“The Board of Directors decided to pay dividends for the first half of 2026 in the amount of 38 rubles per share. As before, the Company directs most of its net profit to dividends and maintains the practice of regular payments - twice a year - and in the second half of summer we paid out the full dividends for 2025. Our dividend policy does not limit the dividend amount, the Board of Directors makes decisions taking into account the company's liquidity load during the payment period. Currently, we are in an active investment phase:

  • in June, we closed two deals — the acquisition of Ilyinskaya Hospital and the Zdravitsa clinic network

  • we continue our large‑scale investment program: the reconstruction of the building in Zubarev Lane for a new hospital in Moscow, the construction of a second stage of our hospital in St. Petersburg, and the construction of new clinics and the expansion of existing ones in Moscow and other regions.

At the same time, we maintain a conservative approach to debt, currently having a comfortable debt load of 0.4x Net debt/EBITDA LTM, and we plan to gradually reduce it using the cash flow generated, including from acquired assets.

The operating business shows steady growth, Ilyinskaya Hospital and Zdravitsa are already being consolidated into the Group's results, and investments in new sites are future dividends being laid down today”.


About MD Medical Group

MD Medical Group is a leading provider in the highly attractive Russian private healthcare service market. Today, the Company manages 97 state-of-the-art healthcare facilities, including 15 multidisciplinary hospitals and 82 outpatient clinics in 35 regions of the Russian Federation. In 2025, MD Medical Group's revenue amounted to RUB 43.5 bln while EBITDA stood at RUB 13.3 bln. The Company's ordinary shares are traded on Moscow Exchange (MOEX: MDMG).

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