Gazprom expects to pay record dividends on 2021 results

MOSCOW, Nov 29 (PRIME) -- Russian gas giant Gazprom expects to pay record dividends for 2021, the company said in a presentation on Monday.

"Our excellent financial results will be reflected in a historic dividend to be paid for 2021," the presentation read. "The expected growth of dividends and a double-digit expected dividend yield have not been fully priced in the Gazprom shares.”  

The dividend yield grew by 9% in January–September and exceeded the average dividend yield for five years. The dividend base amounted to 29.71 rubles per share in January–September.

(75.5873 – U.S. $1)   

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