Exec says Gazprom to consider new dividend policy Dec 5

MOSCOW, Nov 20 (PRIME) – The executives of Russian gas giant Gazprom will consider a new dividend policy on December 5, head of the finance department Alexander Ivannikov told reporters on the sidelines of the Russia Calling! investment forum on Wednesday.

Gazprom said it plans to complete work on a new dividend policy until the end of 2019 to start paying dividends under the new policy in 2020. It will envisage payment from the net profit adjusted to non-cash items and an absence of connection of the dividend amount to one for the previous years.

End