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Russia's Rosneft says board recommends 2019 dividend of 33.41 rbls/share

Thu, 23rd Apr 2020 07:45

MOSCOW, April 23 (Reuters) - The board of directors of
Russia's largest oil producer Rosneft has recommended
paying 33.41 roubles ($0.4447) per share in total dividends on
2019 profit, the company said on Thursday.

This amount takes into account the payment of 15.34 roubles
per share in dividends for the first half of the year. According
to Rosneft's dividend policy it pays half the profit in
dividends.
The board also said that Rosneft's annual general
shareholders meeting will be held online on June 2. The record
date for the list of eligible participants of the AGM is set for
May 8.

BP has 19.75% of Rosneft's shares, Qatari QH Oil
Investments fund holds 18.93%.

For the whole of 2018, Rosneft paid 25.91 roubles per share
in dividends.

($1 = 75.1364 roubles)
(Reporting by Vladimir Soldatkin; Editing by Toby Chopra)

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