Rosneft owners vote for 3.83 rbl/share in Jan–Jun dividends

ST. PETERSBURG, Sep 29 (PRIME) -- The shareholders of Russian oil major Rosneft voted for payment of 3.83 rubles per share, or a total of around 40.6 billion rubles, in dividends for January–June on Friday.

The payment will amount to about 50% of the company’s net profit under International Financial Reporting Standards (IFRS).

State oil and gas holding Rosneftegaz holds an about 50% stake in Rosneft, BP owns 19.75%, QHG Oil Ventures Pte. Ltd. holds 19.5%. A deal to sell a 19.16% stake in Rosneft to CEFC has not been closed. One share belongs to the government and the rest are free float.

The shareholder list for dividends will be defined on October 10, and the dividend payment will be made no later than on October 24 to nominal shareholders and professional market participants and no later than November 15 to other shareholders.

(58.4255 rubles – U.S. $1)

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