Rosneft to remain generous on dividends
Edited by Rhod Mackenzie / 2013-05-07 05:34:47
Rosneft continues to stick to its dividend policy, intended payments are 25% of the net profit under IAS. By results of 2012, the company’s net profit grew by 7.2% and made up 342 billion rubles against 319 billion rubles in 2011, that intends dividend payments in the amount of about 85.5 billion rubles with the payout ratio at 25%. The Rosneft’s Board of Directors recommended paying this amount. Thus, the dividend per share will be 8.05 rubles. This is by 7% more than in 2011, when 7.53 rubles per share were paid, taking into account additional dividends.
