Lukoil plans to increase dividends for the first six months of 2014 by 20%
Edited by Rhod Mackenzie / 2014-07-24 01:03:12
Lukoil’s Board of Directors has recommended an increase in dividends for the first six months of 2014 by 20%.
These can grow to 60 rubles per ordinary share from 50 rubles, which shareholders received for January-June 2013. The record date for payment of the fees will be announced later.
In late September 2013, Lukoil paid 99.8% of dividends for the first six months 2013. The amount made up 42.448 billion rubles at the rate of 50 rubles per share.
