MOSCOW, April 23 (Reuters) - Russia's largest lender Sberbank will make a record annual dividend payout of 750 billion roubles ($8.04 billion) on its 2023 results, CEO German Gref said on Tuesday.

Sberbank made record profits of 1.5 trillion roubles in 2023, a more than five-fold increase on the previous year as Russia's banking sector recovered from the impact of financial sanctions.

Shares in Sberbank fell 1% in Moscow, dropping from a near 2-1/2-year high of 315.8 roubles, hit earlier in the session.

Gref said the board had recommended a dividend of 33.3 roubles per share.

Banking behemoth Sberbank is one of Russia's most valuable companies in terms of market capitalisation and its share performance can dictate flows in the wider stockmarket.

Gref said Sberbank's profits in 2024 were likely to be higher than in 2023. ($1 = 93.3100 roubles) (Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; Editing by Mark Trevelyan)