SIBUR reduces dividends for 2015 by 26%.
Edited by Rhod Mackenzie / 2016-05-06 06:16:47
Finance Oil and Gas Refining Russia Petrochemicals PolymerUpdate Sibur Shares Russia Oil and Gas Production and Refining
Shareholders of Sibur, the largest petrochemical holding in Russia and Eastern Europe, decided to pay dividends worth 7.058 billion roubles at the rate of 3.24 roubles per share following the results of 2015, which is 26% lower than the payments on the results of 2014, the company informs.
Taking into account the interim dividends for 9 months the total amount of payments for the previous year will be 15.554 billion roubles, that is 10% lower than in 2014. The record date for dividend payment is May 10.
